Logo-color Logo-white

Market picture Polls and forecasts have yet to produce a clear frontrunner in the US presidential race. In recent days, there has been a widespread view that markets are pricing in a Trump victory, but for many investors it is too close to call, increasing the potential for movement when the results are announced. Remember […]

The post How Markets Will React to US Election Results appeared first on Action Forex.

previous

Sunset Market Commentary

next

Gold Leaps Ahead: Are More Gains on the Horizon?

Read More

08/12/2023

Japanese Yen Stays Top of Mind

Markets The Japanese yen stays top of mind. BoJ deputy governor Himino and his boss Ueda triggered a scorching rally amid rising bets of an imminent (December 19) policy shift. USD/JPY fell from an open at 147.31 to an intraday low of 141.71. The pair eventually closed at 144.13 with strong support from the 200dMA […]
25/07/2024

GBP/USD Dips to 1.2850 Amid Growing BoE Rate Cut Speculation

GBP/USD is declining due to speculation of a BoE rate cut and concerns about global growth. Market participants are pricing in a 53% chance of rate cuts in August, but economists polled predict an 80% chance of a cut. Technically, GBP/USD has support at 1.2850 and resistance at 1.2950. Cable has continued to edge toward […]
12/04/2024

Gold Price Hits New High While Crude Oil Price Consolidates

Gold price surged toward the $2,400 zone and traded to a new all-time high. Crude oil is attempting a fresh increase above the $85.00 zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a strong increase above the $2,350 zone against the US Dollar. It broke a key bearish trend line […]