Logo-color Logo-white

Summary United States: Are We There Yet? The March consumer price data dominated the economic discussion this week and are the latest to support that the timing and degree of Fed easing will be later and smaller than many of us previously expected. We’re not yet there. We now expect the FOMC won’t begin to […]

The post Weekly Economic & Financial Commentary: No, No, After You appeared first on Action Forex.

previous

GBP/USD: Break of Pivotal Supports Sparks Fresh Acceleration Lower

next

Forex and Cryptocurrency Forecast

Read More

25/04/2024

USD/JPY Ticks Higher Ahead of BoJ Meeting

The Japanese yen continues to lose ground on Thursday. In the European session USD/JPY is trading at 155.61, up 0.17%. Earlier, the yen dropped to a 34-year low of 155.74. Friday will be a busy day out of Japan. Tokyo Core CPI, which excludes food, is a key leading indicator of nationwide inflation trends. It […]
16/04/2024

XAU/USD Gold Price Reaches an Important Resistance Zone

The XAU/USD gold chart today indicates that the historical record price of the metal is above USD 2,400 per ounce. In addition to fears of a new round of inflation due to rising commodity prices, geopolitical tensions are seen as the most important reason for the growth. At the moment, there are both active military […]
15/02/2024

BTCUSD Explodes to More Than 2-Year High

BTCUSD goes parabolic after claiming 50-day SMA Jumps above 50,000 to a fresh more than 2-year peak Momentum indicators look extremely overbought BTCUSD (Bitcoin) has been experiencing a steep advance following its break above the 50-day simple moving average (SMA) on February 7. Within a week, the price violated its two-year peak of 49,051 and surged above […]