Logo-color Logo-white

Markets Front end US yields returned a few bps of the sharp Fed-induced gains yesterday but the long end extended its march higher. The 10-30-yr bucket added between 4.8 and 5.9 bps. Economic data, while second tier, again in most cases underscored the country’s economic resilience. European swap rates gapped higher in a first response […]

The post Expect Dollar to Hold Near Recent Strong Levels appeared first on Action Forex.

previous

EURGBP Wave Analysis

next

Riksbank Rounds Off the Cutting Season

Read More

26/01/2024

Bitcoin (BTCUSD) Looking for Support Soon

Short Term Elliott Wave view in Bitcoin (BTCUSD) suggests it is currently doing a pullback starting from 1.11.2024. The decline is taking the form of a zigzag Elliott Wave structure. Down from 1.11.2024 high, wave A ended at 41339 and wave B rally ended at 43577.69 as the 1 hour chart below shows. Wave C […]
30/01/2024

Swiss Franc Recovering, But Will SNB Shift Policy?

The Swiss franc has edged higher on Monday. In the European session, USD/CHF is trading at 0.8618, down 0.25%. SNB concerned about Swiss franc’s surge The Swiss National Bank isn’t shy about intervening on the currency markets, as it views intervention as an important tool to keep the Swiss franc competitive for export purposes. The […]
08/10/2024

Sunset Market Commentary

Markets It look that a rather guarded reaction of Chinese investors this morning to recently announced stimulus would set the stage for some kind of a risk-off correction. European equities (EuoStoxx 50 ) opened 1.0% lower. Yields eased a few basis points. However, the intraday momentum again changed in the run-up the US trading session. […]