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Markets US market moves suggested investors reduced the ‘established Trump-trade’ to position to a more neutral one with a survey showing Harris potentially taking the lead in Iowa driving the move. After rising substantially on Friday, US yields faced a material setback in Asia and most of this this was maintained later in the session. […]

The post US Market Moves Suggested Investors Reduced the ‘Established Trump-Trade’ appeared first on Action Forex.

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12/06/2024

A Meli-Melo of Politics and Economics

We have different moods on different continents this week. The European equities remained under the pressure of heating French political tensions on Tuesday, as the Republican President Ciotto suggested that his party should consider teaming up with Le Pen’s party – a limit that many Republicans still consider as being a thick red line that […]
22/01/2024

New Year, Old Habits for the BoC?

BoC meets on Wednesday; decision to be announced at 14.45 GMT Market wants a dovish show, but BoC might not be ready for such a shift Loonie could find its footing again against the US dollar Bank of Canada meets on Wednesday The week will be dominated by central bank meetings with the first BoC […]
05/08/2024

EURJPY Wave Analysis

EURJPY falling inside accelerated impulse wave c Likely to test support level 158.00 EURJPY currency pair continues to fall inside the accelerated downward impulse wave c of the minor ABC correction 2 from the start of July. The price earlier broke the support zone lying between the support level 162.50 (former monthly low from March) […]