Logo-color Logo-white

In focus today In the euro area, we will keep an eye on the final inflation data for February. The final HICP figures provide insights into the underlying inflation measures tracked by the ECB, while also revealing drivers behind the relatively strong core inflation print in February. Overnight, the Bank of Japan concludes a two-day […]

The post Get Ready to Rumble – Central Bank Week is Here appeared first on Action Forex.

previous

EUR/USD Hits Support, Can It Bounce Back?

next

EURUSD Trades Sideways After Sharp DFrop

Read More

16/09/2024

USD/JPY Analysis: Rate Falls Below 140 Yen Per Dollar

Despite today’s public holiday in Japan, yen buyers remain active. As shown on the USD/JPY chart, today’s candle low has dropped below the psychological level of 140 yen per dollar. The last time this exchange rate was seen was on 28 July 2023. On 11 August, when analysing the USD/JPY chart, we: → drew a […]
05/12/2023

Sunset Market Commentary

Markets US JOLTS job openings and the services ISM (both still to be published at CET 16:00) and to a lesser extent the ECB consumer expectations survey were supposed to provide some guidance as to whether recent decline in yields could finally slow down. Markets had frontloaded expectations on a first Fed and ECB rate […]
26/04/2024

Australian Dollar Extends Gains as PPI Surges

The Australian dollar has posted four straight winning sessions this week and is in positive territory on Friday. In the European session, AUD/USD is trading at 0.6534, up 0.24%. The Aussie has powered higher this week, climbing 1.82%. Australia’s PPI blows past estimate Australia’s Producer Prices index jumped 4.3% y/y in the first quarter, up […]