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Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions. Notably, NZD/USD reached its lowest level since October 2022 at the end of last week. The decline in NZD/USD has been influenced by two main factors: 1. The dollar gained momentum […]

The post NZD/USD Stabilises Ahead of the Holidays appeared first on Action Forex.

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20/09/2024

Weekly Focus – Fed Initiating the Easing Cycle with 50bp Cut

The main event this week was the monetary policy meeting in the US where markets prior to the meeting were historically divided between a 25bp and 50bp cut. The Federal Reserve chose to lower the policy rate by 50bp to a new target range of 4.75-5.00%. The larger move was motivated by a significant shift in […]
03/05/2024

April Showers on the Jobs Market

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USD/JPY: Japanese Yen Surges on Signals that BoJ is About to Exit Ultra-Loose Policy

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