UBS lowers EURSEK forecast as Riksbank’s surprise rate cut to 1.75% weighs

UBS lowers EURSEK forecast as Riksbank’s surprise rate cut to 1.75% weighs
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UBS lowers EURSEK forecast as Riksbank’s surprise rate cut to 1.75% weighs
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Prior 38.0 This article was written by Justin Low at www.forexlive.com. Source link
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of Dollar Index DXY published in members area of the website. As our members know, DXY is forming a correction against the 103.56 peak. In the following text, we’ll explain the Elliott Wave analysis and outline the target areas. DXY…
BOC Rate Decision Hangs in the Balance XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Daily Pivots: (S1) 1.4354; (P) 1.4394; (R1) 1.4442; More…+ Intraday bias in USD/CAD remains neutral as consolidations continue below 1.4466. Deeper pullback cannot be ruled out, but outlook will stay bullish as long as 1.4177 resistance turned support holds. On the upside, break of 1.4466 and sustained trading above 1.4391 will pave the way to…
In a dramatic shift that jolted Wall Street into a rally, President Donald Trump said he would temporarily suspend tariffs on many U.S. trading partners while sharply increasing them on Chinese imports. The move reversed course less than 24 hours after steep new levies had taken effect and triggered a global market rout. The White…
Ministers are facing stark warnings that a key pledge on childcare is in serious peril, amid mounting concerns over staff shortages, a fall in the quality of care and fears that parts of the plan are simply undeliverable. Just weeks away from a widespread extension of free provision, part of what the previous government billed…