Logo-color Logo-white

While Trump’s rise to power is widely seen as a positive for the dollar, the dollar index hit a one-month low on Monday as it continues to rebound from the Fed’s latest softening tone and inflation slowdown. The impact of Trump’s policies on the dollar is largely based on the experience of his previous presidential […]

The post A Clearer Shape of a Long-Term Dollar Decline appeared first on Action Forex.

previous

Sunset Market Commentary

next

Gold Regains Strength: Poised for Continued Gains?

Read More

31/05/2024

Week Ahead – ECB Rate Cut Might Get Eclipsed by BoC Surprise and NFP Report

ECB set to slash rates on Thursday, focus on forward guidance But will the BoC take the lead when it meets on Wednesday? US jobs report eyed on Friday as Fed unyielding on cuts OPEC+ might extend some output reductions into 2025 ECB poised to cut rates, but what’s next? The path by central banks […]
22/05/2024

ETHUSD Heads Towards 2024 Highs on ETF Approval Hopes

ETHUSD set to notch up a second straight day of sharp gains Hopes of spot ether ETF trigger broad-based crypto rally But danger that upswing is becoming overstretched ETHUSD (ether) has charged through its 50-day simple average (SMA) to make a fresh bid for the March peak of 4,093.70, which was a more than two-year […]
16/01/2024

British Pound Slips as Wage Growth Slides

UK wages ease to 6.5% GBP/USD falls UK to release inflation on Wednesday The British pound is sharply lower on Tuesday after a solid UK employment report. In the European session, GBP/USD is trading at 1.2641, down 0.68%. UK wage growth falls sharply The UK employment report indicated that the labour market remains solid while […]