Logo-color Logo-white

Markets started off the week lingering at the fear of recession after the August US jobs report failed to shake off those fears. Chinese core inflation dropping further to 0.3% as a symptom of weak Chinese demand only added further to the sour risk sentiment. We saw it in FX markets, with further slides in Swedish […]

The post Weekly Focus – Enter Fed Cutting Cycle appeared first on Action Forex.

previous

The U.S. Fed Will Finally Start Cutting Interest Rates

next

Markets Weekly Outlook – Central Banks to Rule the Roost

Read More

24/07/2024

ETHUSD Trades Flat After ETF Debut

ETHUSD has been rangebound in the past few sessions Spot ETF launch did not trigger much volatility Momentum indicators remain positively tilted ETHUSD (Ethereum) has experienced a strong rally in July, breaking above its 50-day simple moving average (SMA). However, the leading altcoin has been trading sideways for more than a week now, even though the […]
14/05/2024

Everybody is Fed-Dependent

The major indices in Europe and the US across traded rangebound near their ATH levels and the US dollar index fluctuated a touch above the 105 level ahead of the US and European inflation updates that will start flowing in today. The major story of Monday was a renewed rally in Gamestop and AMC shares […]
27/08/2024

Crypto Market Has Cooled Slightly

Market picture The crypto market failed to grow steadily, with total capitalisation falling 1.6% to $2.21 trillion. This is a slight correction following the unimpressive performance of the equity market. The Sentiment Index fell back into neutral territory, losing 7 points on the day to 48. Bitcoin fell below $63K, losing 1.4% in 24 hours […]