Logo-color Logo-white

The Australian dollar is in positive territory on Tuesday. In the European session, AUD/USD is trading at 0.6620, up 0.25%. Consumer confidence sags Australian consumers have been pessimistic about the economy and their mood soured even more in April. The Westpac consumer confidence index fell 2.4% to 82.4, well below the 100 line which separates […]

The post Australian Dollar Extends Gains Despite Soft Confidence Data appeared first on Action Forex.

previous

Yen Weakens Amid Intervention Concerns and Interest Rate Differentials

next

U.S. Small Business Optimism Index Edges Lower in March, Falling to the Lowest Level Since 2012

Read More

21/08/2024

Bitcoins (BTC/USD) Steady Range: Mt Gox Impact and Future Outlook

Bitcoin prices are currently range-bound, the range between 56,561 and 61,750 is keeping both buyers and sellers cautious. Mt. Gox moved 13,265 Bitcoins totaling and estimated $780 million. The first major move by the bankrupt exchange since July 30. According to research by investment firm River, 60% of the largest hedge funds in the U.S. […]
19/03/2024

Brent Oil Prices Continue to Surge, Reaching New Peaks

Brent crude oil continues its rally, reaching peak values since early November 2023, with prices around USD 87.00 per barrel. Investor concerns over commodity supply, particularly due to tensions in several oil-producing countries, significantly influence quotes by incorporating potential supply disruptions. Iraq has announced a reduction in crude oil exports to 3.300 million barrels per […]
30/11/2023

Interesting to See Whether EUR/USD Can Regain 1.10 Barrier

Markets Yesterday, first November EMU inflation data from Germany and Spain come out in line with market momentum. Spain HICP inflation declined 0.6% M/M easing the Y/Y measure from 3.5% to 3.2% (3.7% expected). Core inflation also declined substantially (4.5% from 5.2%). Similar story in Germany as HICP inflation printed at -0.7% M/M and 2.3% […]