Logo-color Logo-white

Markets Fixed income and FX markets yesterday had to cope with a divergent message from EMU and US data. German and Spanish August headline inflation slowed more than expected (German HICP -0.2% M/M and 2.0% from 2.6% vs 2.2% expected, Spain 0.0% M/M and 2.4% Y/Y from 2.9%). This provides some comfort for the ECB […]

The post EMU August Flash CPI Probably Will Confirm Yesterday Trends from Germany and Spain appeared first on Action Forex.

previous

AUD/USD – Australian Retail Sales Flat, Aussie Shrugs

next

Crypto Fails to Bounce Off the Bottom

Read More

03/03/2024

BoC to Deliver Another Dovish Hold, Unemployment Rate to Tick Higher

The Bank of Canada is widely expected to maintain the overnight rate steady again at its meeting on Wednesday. An announcement on the ending of quantitative tightening is unlikely but we expect that to follow later in April. Over past meetings, the BoC has been gradually and cautiously moving towards a more dovish stance. Language […]
10/01/2024

EUR/USD Price Action – Technical Analysis

EURUSD continues its attempt to reverse back above the 1.1000 level but has been unsuccessful so far, the current trading range is critical, and any real breakout may help in forecasting future price action, we will go over a long-term as well as a short-term timeframe reflecting the current price action. Talking Points Weekly Chart […]
01/08/2024

The Crypto Market Pulled Back Further into the Range

Market picture Cryptocurrencies continued to sag, failing to support gains in the stock market, returning the crypto market cap to $2.30trn levels seen a week ago. The market formed another lower local peak, a sequence that has been in place since March. A move towards the lower end of the sloping range suggests the potential […]