Logo-color Logo-white

In focus today The main data event will be the US Jobs Report for November. We expect Nonfarm Payrolls growth to recover to 160k (cons: 200k, prior: 12k) after temporary weather-related effects have reversed. We anticipate average hourly earnings growth moderated to +0.2% m/m SA and unemployment rate remaining steady at 4.1%. Preliminary results from […]

The post Macron on the Hunt for a New Prime Minister as Barnier Resigns appeared first on Action Forex.

previous

Signs Growing Euro Area Markets Nearing Peak Pessimism

next

GBPJPY Looks Ready to Challenge 192.00

Read More

03/06/2024

EUR/USD Calm as Eurozone Manufacturing Improves

The euro has posted slight losses on Monday. EUR/USD is trading at 1.0835 in the European session, down 0.11% on the day. Eurozone manufacturing close to stabilizing The eurozone manufacturing sector is still contracting but there is light at the end of the tunnel. The manufacturing PMI rose to 47.3 in May, up from 45.7 […]
24/04/2024

Will BoJ Disappoint Once Again?

BoJ manages to upset the market even with historic hike Yen tumbles to 34-year low even as market prices in summer hike Will another disappointment trigger yen intervention? The Bank meets on Friday at 03:00 GMT To stand pat after historic hike The Bank of Japan (BoJ) is very likely to keep interest rates untouched […]
06/03/2024

Dissecting ECB Monetary Policy Decisions Communiqué

The monetary policy decisions statement is released at 13:15 GMT President Lagarde et al could signal a policy shift in this communiqué The ECB staff projections could also hold the key to a rate cut soon The scheduled press conference takes place 30 minutes later Complementing the detailed ECB preview, this report focuses on the first […]