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US will release GDP growth data at 13:30 GMT on Thursday An upside surprise seems more likely than a disappointment Dollar could benefit from a beat, as Fed cut bets are unwound Dollar comes back to life The US dollar started the new year on a strong note. A series of economic indicators have reaffirmed […]

The post Will US GDP Surprise to the Upside? appeared first on Action Forex.

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NZ First Impressions: Consumers Price Index, December Quarter 2023

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06/05/2024

AUD/USD Hits One-month High, RBA Decision Next

The Australian dollar has started the week with modest gains. AUD/USD is up 0.25%, trading at 0.6624 in the European session at the time of writing. The Aussie is coming off a strong week, having gained 1.19%. RBA widely expected to pause The Reserve Bank of Australia meets on Tuesday and is widely expected to […]
24/04/2024

US PMIs, AUD Inflation and Tesla Impact Markets

In focus today In Germany we await Ifo data for April. The current assessment of the economy remains weak, but expectations have risen lately so it will be important to follow if we finally see a turn in the assessment of the current activity. Economic and market news What happened overnight In Australia, the Q1 […]
13/09/2024

Back to the (Slow) Grind?

Rising taxation has dragged on household incomes and spending. Even with expanding public demand, this has helped to lower the growth outlook for the next couple of years. This week we released our refreshed forecasts in our September Market Outlook (PDF 2MB) publication. While the short-run outlook is broadly the same, the balance of risks […]