Logo-color Logo-white

The selloff in US sovereign bonds reversed yesterday after a solid demand for the US 3-year bond auction counterweighed a bulk of hawkish comments from Federal Reserve (Fed) members. The Fed members are on the battlefield, fighting the doves. Loretta Mester said there is no rush to cut rates and Neel Kashkari said that the […]

The post A Tug of War Between Hawks and Doves appeared first on Action Forex.

previous

German Factories Orders Get Boost from Major Airplane Orders

next

WTI Oil Futures Need One More Confirmation

Read More

19/01/2024

BTCUSD Stuck in Tight Range

BTCUSD extends sideways move in narrow range The 200-period SMA rejects any upside attempts Momentum indicators deep in their negative zones BTCUSD (Bitcoin) has experienced a strong decline from its recent two-year peak of 49,051, dropping to as low as 41,400. Although the short-term oscillators have been tilted to the downside for the past few four-hour sessions, […]
25/04/2024

AUDUSD Rises Near Short-Term SMAs

AUDUSD rebounds off 0.6360 Bullish doji indicate upside correction MACD and RSI tick higher AUDUSD is heading upwards after the bullish doji candle that has been posted last Friday, adding almost 3%. The market is challenging the short-term simple moving averages (SMAs), switching the outlook to a neutral one. The technical oscillators are suggesting more […]
11/12/2023

XAU/USD: Gold Stands at the Back Foot Ahead of Key Events

Gold remains in red for the second consecutive day and fell below $2000 early Monday, pressured by firmer dollar on solid US labor data. Friday’s 1.2% drop generated fresh bearish signal on close below $2015 pivot (Fibo 38.2% of $1810/$2141), with extension lower adding to the strength of bearish continuation signal. Near-term technical picture is […]