Logo-color Logo-white

In focus today Several key data prints are due for release, led by the US October JOLTs labour turnover, an important measure of labour demand watched closely by the Fed. In the euro area, focus turns to the release of the final manufacturing PMIs for November. The prior flash release caused a large market reaction, […]

The post Barnier Set to Face No-Confidence Vote appeared first on Action Forex.

previous

Elliott Wave View S&P 500 (SPX) Wave 5 in Progress

next

EUR/CHF: French’s Political Fiasco May Trigger a Major Bearish Breakdown

Read More

24/07/2024

EUR/USD Pares Losses After Weak Eurozone PMIs

The euro edged lower on Wednesday but has recovered. In the North American session, EUR/USD is trading at 1.0860, up 0.07% on the day at the time of writing. Eurozone PMIs weaker than expected Eurozone PMIs can be viewed as monthly report cards for the services and manufacturing services. The July PMIs decelerated and indicate […]
02/12/2024

Dollar Index Outlook: Dollar Rose in Reaction to Shift in Trump’s Rhetoric

The dollar index edged higher after opening with gap higher on Monday, lifted by a significant shift in rhetorics pf President-elect Donald Trump, who turned his aims for weaker dollar to fight trade war, to threats to BRICS member countries of facing a 100% tariffs if create new or support another currency in attempts to […]
18/10/2024

Cliff Notes: Labour Market Powers Ahead

Key insights from the week that was. In Australia, the central data update of the week certainly did not fail to surprise the market. The September Labour Force Survey (LFS) reported another above-trend increase in employment growth, a gain of +64.1k, driving the employment-to-population ratio to a new record high of 64.4%. Measures of unemployment, […]