Logo-color Logo-white

Markets Markets took a slow start to the new trading week. An empty eco calendar facilitated the status quo. Cleveland Fed Mester said that inflation risks moved up in Q1 while the economy was a little bit stronger than anticipated. Given that she wasn’t on the median path (3 rate cuts) in March, she might […]

The post Number of Central Bank Speakers Increases appeared first on Action Forex.

previous

Elliott Wave Analysis Expects Dow Futures (YM) to Pullback in Wave 4

next

Commodity Currencies Retreat from Local Highs

Read More

05/12/2023

Japanese Yen Steady, Tokyo CPI Falls

Tokyo Core CPI eases to 2.3% US to release ISM Services PMI later today The Japanese yen has edged lower on Tuesday. In the European session, USD/JPY is trading at 147.08, down 0.10%. Tokyo Core CPI softer than expected Tokyo Core CPI, a leading indicator for nationwide inflation, climbed 2.3% y/y in November. This was […]
18/09/2024

USD/CAD Steady after Canada’s CPI Slips to 2%

The Canadian dollar is showing limited movement on Tuesday. Early in the North American session, USD/CAD is trading at 1.3601 at the time of writing, up 0.10% today. Canada’s CPI declines more than expected Canada’s inflation rate dropped to 2% in August. This was down sharply from 2.5% in July and below the market estimate […]
21/06/2024

Euro Extends Losses After Soft PMIs Release

The euro has edged lower on Friday. EUR/USD is trading at 1.0687 in the European session, down 0.14% on the day. Is the eurozone economy slowing down? The week ended on a sour note in Europe as June PMIs declined in the eurozone. The Services PMI dropped to 52.6, down from 53.2 in May and […]