Logo-color Logo-white

Market Picture Bitcoin came within a hair’s breadth of an all-time high on Tuesday night, but the overall crypto market is well off its peak. Total cryptocurrency capitalisation at the overnight peak was $2.46 trillion, down $2.48 trillion from the July peak, almost 12% below the March high of $2.77 trillion and around $400 billion […]

The post Bitcoin’s Rush to The Top appeared first on Action Forex.

previous

US and Euro Area Q3 GDP Releases Today

next

AUD/USD Continues Downward Spiral Amid Economic Concerns

Read More

27/05/2024

USD/JPY Steady as BoJ’s Ueda Urges Caution

The Japanese yen has been drifting since late last week and is calm on Monday. USD/JPY is trading at 156.85, down 0.09% on the day at the time of writing. Ueda: BoJ will proceed with caution The Bank of Japan has been outlier, as it looks to raise interest rates at a time when other […]
26/07/2024

Week Ahead – BoJ, Fed and BoE Meetings: A Hike, a Hold and a Cut?

A trio of central bank decisions coming up from the BoJ, Fed and BoE One might hike, one might stand pat and the other cut rates ECB to also be in focus as Eurozone flash GDP and CPI data are due Week will culminate with crucial US jobs report BoJ expected to taper; will it […]
16/03/2024

Fed to Keep Rates Unchanged for a Fifth Meeting Even as Inflation Risks Lurk

The U.S. Federal Reserve is widely expected to stand pat on the fed funds range for a fifth consecutive meeting on Wednesday. But any shift in the monetary policy statement language will be closely watched after two straight months of upside surprises on inflation. Markets continue to expect the first interest rate cut in June […]