Logo-color Logo-white

China to gain more airtime this week The ailing housing sector and the bond rally in focus RBA remains hawkish, but consumer appetite is critical Aussie benefits from dollar weakness Market’s focus could turn to China this week The post non-farm payrolls week tends to be a quiet one as the market digests the latest […]

The post China’s Problems Could Cloud RBA’s Hawkish Intentions appeared first on Action Forex.

previous

France Election Outcome Mixed Bag for Euro

next

News of the Week (July 8—12): NZDUSD Detailed Analysis!

Read More

17/07/2024

Crypto Market Reversal Saves XRP & Litecoin from Collapse

Market picture The crypto market is recovering faster than it was falling, adding another 2.4% in 24 hours to $2.4 trillion. Bitcoin has rallied 15% since Saturday, now testing $66K. Ethereum is trying to cross $3500. Among the top coins, XRP stands out, soaring 12% in a day and 38% in 7 days, taking out […]
14/02/2024

USD: CPI Carries The Dollar to Pivots

The higher-than-expected inflation data for January has reignited concerns about rising prices and its implications for Federal Reserve policy. While investors had anticipated rate cuts in the near term, the hot inflation print may delay such actions. As the Fed navigates the delicate balance between containing inflation and supporting economic growth, market participants will closely […]
15/12/2023

USDCAD Plummets Below Crucial Trendline

USDCAD posts a fresh 2½-month low in today’s session Decline shows no signs of easing after break below 200-day SMA Momentum indicators are pointing at an overstretched retreat USDCAD has been constantly losing ground following its 13-month high of 1.3898 on November 11. Moreover, the pair dropped to its lowest levels in more than two months on […]