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Industrial orders rose 8.9% in December against expectations for a 0.1% decline, a rare positive for Germany that the euro chose to ignore. This is the most robust monthly increase since mid-2020’s lockdowns. In the same month last year, the increase was 2.7%. A positive year-over-year rate has been a rarity over the past two […]

The post Is German Industry Ready for Revival? appeared first on Action Forex.

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19/08/2024

USD Extends Losses, Yen Gains

The week starts on a mixed note in Asia, after major US indices recorded their best week since last October and boosted appetite in global risk markets. A softer-than-expected CPI read in the US combined with robust retail sales and weekly jobless claims data boosted the expectation that the Fed could eventually achieve a soft […]
28/08/2024

Elliott Wave Analysis: Aussie Testing Resistance After AUD CPI Data

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08/03/2024

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