Summary 8/12 – 8/16 – Action Forex

The euro is quiet on Wednesday. EUR/USD is trading at 1.0840 in the North American session, down 0.14% on the day. German inflation rises to 2.4% Germany’s inflation rate rose to 2.4% y/y in May, following a 2.2% gain in each of the past two months. The reading was in line with expectations, which explains…

USD/JPY’s price action from 139.87 could be a correction to fall from 158.86, or reversing whole decline. In either case, further rally is in favor as long as 142.79 support holds. Initial bias stays on the upside this week, and break of 146.27 will target 148.64 resistance next. On the downside,…

The Australian dollar continues to decline and is down for a fifth straight day. In the North American session, AUD/USD is trading at 0.6725, down 0.31%. The Aussie is down 2.7% in October and is trading at one-month lows. The Reserve Bank of Australia’s minutes, released Tuesday, indicated that the central bank is considering all…

Gilde Healthcare announces successful sale of health-IT software company Performation to Enovation, part of Legrand Exit confirms Gilde’s investment strategy of building market-leading healthcare companies that deliver better care at lower cost Under ownership of Gilde Healthcare’s private equity fund, Performation has evolved into a leading European SaaS healthcare platform through seven strategic acquisitions and…

Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov US stock futures dipped amid uncertainty over the Trump administration’s trade policies as traders awaited a fresh catalyst for the next leg up in US stocks. S&P 500 contracts edged 0.1% lower after the benchmark closed…