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Summary United States: Fed’s Challenge: Making Sure Fire Is Out vs. Water Damage We learned this week that CPI declined in June and core prices rose at the slowest clip since early 2021. With the inflation target in sight, Fed policymakers are taking stock of deteriorating labor market dynamics and souring consumer sentiment as they […]

The post Weekly Economic & Financial Commentary: Balanced Risks Drive the FOMC Closer to a September Rate Cut appeared first on Action Forex.

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Gold as an Investment: Detailed Analysis and Price Forecasts for 2025-2050

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20/06/2024

FTSE 100 index Wave Analysis

FTSE 100 index reversed from support level 8140.00 Likely to rise to resistance level 8300.00 FTSE 100 index recently reversed up from the key support level 8140.00 (which has been reversing the price from the end of April), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 8140.00 completed the […]
08/04/2024

BTC/USD Analysis: Bitcoin Price Rises Ahead of Halving

The halving (reduction of block mining rewards) is expected to occur on April 19-20. Theoretically, Bitcoin mining will become less profitable, leading to a reduction in coin supply. Given unchanged demand, this should drive up the BTC/USD price. Ripple CEO Brad Garlinghouse has forecasted that the cryptocurrency market cap will double by the end of […]
05/07/2024

UK Election: Labour Wins in a Landslide

The UK national election on Thursday propelled the Labour Party to a sweeping victory and Labour leader Keir Starmer will become the next Prime Minister. In the six-week election campaign of the election, Labour had a massive lead in the polls and there was no doubt it would win a huge majority in parliament. The […]