Saturday, 26 October 2024

Weekly Focus – Stagnant Euro Area Economy Supports Gradual Easing

by BD Banks

The dollar continued its October rally, and yields edged higher this week. The moves reversed somewhat by the end of the week, as investors maybe questioning the sustainability of the recent sharp rise in US rates. Oil prices retraced some of the decline from recent weeks which weighs on energy-importing currencies such as euro and yen. […]

The post Weekly Focus – Stagnant Euro Area Economy Supports Gradual Easing appeared first on Action Forex.

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