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Market picture The crypto market capitalisation fell to $2.63 trillion. – the bottom of the range for the week. The top coins have moved without momentum over the past 24 hours, with losses for BTC (-0.9%), Ethereum (-1.9%) and BNB (-3%), but gains for Solana (1.4%), Dogecoin (+0.5%) and Toncoin (+2%). Bitcoin was once again […]

The post Bitcoin Sets the Stage for Growth appeared first on Action Forex.

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27/06/2024

Is a China-Taiwan Conflict Likely? Watch the Region’s Stock Market Indexes

The U.S. government in early May sanctioned 300 Chinese entities for supplying machine tools and parts to Russia for its war against Ukraine, while in mid-May Russian president Vladimir Putin made a two-day visit to China. In turn I found myself thinking about how tensions between China and the United States could lead to open […]
03/01/2024

EUR/USD Stabilizes After Slide, FOMC Minutes Loom

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05/07/2024

Sunset Market Commentary

Markets Payrolls have arrived. Net job creation in the US amounted to 206k in June. While slightly topping the 190k estimate, it came with a significant downward revision for the previous two months (-111k). In addition, about a third of June’s jobs came on the account of the government (+70k). That same government was also […]