Logo-color Logo-white

Eurozone inflation rises, core rate dips US nonfarm payrolls expected to drop to 177,000 The euro is in negative territory on Friday. In the European session, EUR/USD is trading at 1.0908, down 0.33%. Eurozone inflation rises to 2.9% Eurozone inflation has been falling and dropped to 2.4% y/y in November, within striking distance of the […]

The post EUR/USD Slips, Eurozone Inflation Rises appeared first on Action Forex.

previous

USD/CAD Price Analysis: Refreshes Two-Week High Ahead of US/Canada Employment Data

next

GBPJPY Bullish Near the Top of a Short-term Range

Read More

12/09/2024

AUD/USD Edges Higher as Inflation Expectations Eases

The Australian dollar has posted slight gains on Thursday. In the European session, AUD/USD is up 0.16%, trading at 0.6684 at the time of writing. Australia’s inflation expectations dip to 4.4% Australia’s consumer inflation expectations eased to 4.4% in September, down slightly from 4.5% in August but above the forecast of 4.1%. The small decline […]
17/09/2024

Will Fed Cut by 25 bps or 50 bps?

Fed is expected to cut rates, but is it too late to the game? Intense speculation about size of cut as markers lean towards 50 bps New dot plot will also be crucial in Wednesday’s decision at 18:00 GMT Fed to join rate-cut club The timing of the Fed’s first interest rate cut of the […]
17/07/2024

AUD/USD: Market Stabilizes Amid Rate Cut Expectations

The Australian dollar has stabilized against the US dollar, currently trading around 0.6738. This follows a period of decline influenced by ongoing speculations regarding the US Federal Reserve’s impending policy actions. Expectations are set for the Fed to initiate rate cuts starting in September, with an additional reduction anticipated before the year’s end. Fed Chairman […]