Nirup Ramalingam – e-Forex
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EUR/USD Price Slips Below 1.1750 Amid Dismal German Data – Forex Crunch
EUR/USD price slips below 1.1770, pressured by weaker German IFO data and cautious Fed messaging that bolstered the US Dollar. Fed narrative shifting: Powell remains cautious on cuts, Miran calls for bolder easing, but markets scale back bets on two 2025 rate cuts. The euro outlook remains fragile, with manufacturing weakness and tariff-related pressures offsetting…
AUD Slips as Australia’s Job Growth Slowed and Hinted at Labor Market Cooldown in October
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GBPUSD Moves Horizontally Within 1.2900 – 1.3000 – Action Forex
GBPUSD loses momentum near uptrend line Stochastic ticks higher, but RSI flattens GBPUSD headed south in the preceding week, breaking the long-term ascending trendline to the downside. However, the pair is currently holding within a tight range after failing to extend the bearish tendency, but there is strong resistance at the 1.3000 round number. According to technical oscillators, the stochastic is moving…
