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Europe’s biggest company revealed its results a day earlier – by accident – and the results were not good at all. ASML booked about half of the orders pencilled in by analysts last quarter as demand outside AI continued to struggle. The company also cut its 2025 forecast and more details are to come, as […]

The post British Inflation Dips to 1.7% in September appeared first on Action Forex.

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05/07/2024

USD/JPY Recedes From Peaks: Analyzing The Pullback

Key Highlights USD/JPY climbed to a new multi-year high at 161.95 before it corrected lower. It traded below a key bullish trend line with support at 161.50 on the 4-hour chart. EUR/USD extended gains above the 1.0785 resistance zone. Oil prices might soon attempt to clear the $85.00 resistance. USD/JPY Technical Analysis The US Dollar […]
14/06/2024

GBPJPY bBounces to 14-Year High; Eyes on 201 Resistance

GBPJPY unlocks a new high after the Bank of Japan defies expectations of reduced bond purchases Technical signs are positive, but the bulls need to breach the 201 obstacle GBPJPY stepped on the long-term ascending line at 200 and jumped to a new 14-year high of 201.59 in the BoJ aftermath on Friday with scope […]
21/02/2024

Australian Dollar Shrugs after RBA Minutes, China Rate Cut

The Australian dollar continues to rally and has extended its gains for a fifth successive day. In the European session, AUD/USD is trading at 0.6550, up 0.19%. Minutes: RBA considered raising rates The minutes of the RBA’s February meeting were released earlier today. At the meeting, there RBA maintained the cash rate at 4.35%, as […]