Logo-color Logo-white

Mood was down in Asia today as the strongest earthquake in 25 years led to halted operations in TSM and United Microelectronics. Elsewhere, major stock and bond markets in Europe and the US were painted in the red yesterday as well; rising oil and commodity prices fueled inflation expectations while further strength in the US […]

The post The ‘Two or Three’ Cut Debate Heats Up appeared first on Action Forex.

previous

US 500 Index Retreats from Record High

next

All Eyes on Euro Area Inflation

Read More

22/01/2024

We Expect BoJ to Stay on Hold

In focus today We start off the week with low activity on the data release front. In Denmark the monthly employment statistics for November is released Monday morning. Early Tuesday we await the rate decision from the first policy meeting from Bank of Japan in 2024. We expect the Bank of Japan to stay on […]
17/06/2024

EUR/USD Could Recover If It Clears This Resistance

Key Highlights EUR/USD seems to be finding bids near the 1.0675 level. A connecting bearish trend line is forming with resistance at 1.0760 on the 4-hour chart. GBP/USD trimmed gains and tested the 1.2660 support zone. USD/JPY spiked above 158.00 before correcting lower. EUR/USD Technical Analysis The Euro started a fresh decline from well above […]
18/04/2024

Australian Dollar Shrugs Off Soft Job Numbers

The Australian dollar is steady on Thursday. In the European session, AUD/USD is trading at 0.6442, up 0.12%. Australia’s employment declines Australia’s job growth hit the breaks in March and fell by 6,600. This missed the market estimate of a gain of 7,700 and follows a blowout gain of 116,500 in February. Still, the drop […]