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The markets await the Empire State Manufacturing Index this morning; the index is based on surveying a monthly sample of the State’s manufacturing executives and is handled by the Federal Reserve Bank of New York. The index is considered a leading indicator; a reading above zero reflects expansion, and below zero reflects contraction. Last Month, […]

The post Empire State Manufacturing Index – EURUSD Technical Analysis Overview appeared first on Action Forex.

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20/01/2024

BoC to Hold Interest Rates Steady Again Next Week

The Bank of Canada is widely expected to hold the overnight rate steady at 5% in the first policy decision of 2024 – extending a pause that started following the last hike in July. The statement and press conference that follows will be watched closely for hints about how much longer the central bank expects […]
07/05/2024

USDJPY – Initial Reversal Signal Requires More Work at the Upside for Confirmation

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08/07/2024

USDJPY Finds Strong Support at Key Fibo Zone

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