Logo-color Logo-white

Most European indices including the British big caps closed Monday’s session in the negative. The French CAC 40 underperformed its peers with a 0.63% loss in the session after an attempt to the highest level in almost a month on worries that a political gridlock in France would complicate the picture and make things slow […]

The post All Eyes on Powell appeared first on Action Forex.

previous

U.K.: Firming Growth, Lingering Inflation, Suggest Cautious Bank Of England

next

GBPUSD Advances Towards 2024 Highs

Read More

08/06/2024

Fed Set to Hold Rates as Inflation and Other Indicators Show Mixed Signals

Wednesday’s U.S. Consumer Price Index data and the Federal Reserve’s interest rate decision will be in focus after the Bank of Canada and European Central Bank cut rates the week before. The Fed is not expected to follow suit—at least not right now. We expect U.S. CPI growth numbers out in the morning before the […]
15/12/2023

AUDUSD Looks for Bullish Expansion

AUDUSD marks new higher high, breaks key resistance area Short-term bias positive, but 0.6715 zone adds some pressure AUDUSD experienced a spectacular rally after a dovish FOMC policy meeting earlier this week, crawling as high as 0.6727 on Thursday – the highest level since the end of July. The bulls have finally breached the resistance […]
11/01/2024

Sunset Market Commentary

Markets It’s another stoic trading day where market driving news was scant. A Spanish bumper syndication was a sign of bond markets for the time being absorbing supply with ease The country racked in a record €137bn of bids for a sale with a rumoured size of €15bn. The US tests the market later today […]