BofA bullish on euro in 2026 due to US rates, China stimulus

Intraday Analysis 06.06.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

I’m seeing a textbook break and retest situation on the daily chart of EUR/CAD! Will this potential support zone still hold or will we see a breakout this time? EUR/CAD Daily Forex Chart by TradingView Last week’s crude oil rally propped the commodity-related Loonie higher against most of its forex peers, allowing EUR/CAD to retreat…

Markets dropped after Trump confirmed steep auto tariffs, dragging down car stocks and rattling global sentiment. Gold hit a record high while the dollar swung sharply as traders reacted to trade tensions, economic data, and fresh Fed warnings about inflation risks. Here are the headlines and asset price movements you may have missed in the…

Event to pay attention to today: 15:30 EET. USD – Non-Farm Employment Change GBPUSD: On Thursday, the GBP/USD pair experienced a sudden and significant decline, breaking a technical pullback from key averages and dipping below 1.2400. This move followed a rate cut by the Bank of England (BoE) of 25 basis points, which was accompanied…