Logo-color Logo-white

The RBA Board left the cash rate unchanged at 4.35%, as expected. Disinflation on track but Board still vigilant to upside inflation risks and is not ruling anything in or out. As expected, the RBA kept the cash rate on hold at 4.35% following its November meeting. The Board acknowledged that headline inflation has fallen […]

The post RBA Decision: Vigilance Sustained appeared first on Action Forex.

previous

Happy US Election Day

next

EURUSD Makes Soft Positive Start on US Election Day

Read More

21/03/2024

WTI Crude Oil Futures Slip from 4-Month Peak

WTI crude oil looks positive despite the latest drop 20- and 200-day SMAs post bullish cross MACD and RSI show positive signs WTI crude oil futures are easing after the climb towards the new four-month high of 83.11 but the broader outlook remains bullish, especially after the rally above the 80.00 round number. According to […]
21/08/2024

WTI Outlook: Bears Taking a Breather After the Latest Acceleration

Bears are taking a breather after the latest bearish acceleration in past three days (oil price was down 5%) deflated by easing tensions in the Middle East and rise in US crude stocks (API report). Oversold daily studies and Tenkan-Kijun-sen turned sideways, suggesting that bears are running out of steam, which may prompt traders for […]
26/01/2024

Crypto Market Takes a Breath after the Storm

Market Picture The crypto market saw lower volatility in the last 24 hours, with capitalisation at $1.56 trillion and the price of Bitcoin hovering around $40K. Major altcoins have also avoided strong moves. The Fear and Greed Index is wandering around a neutral 50. A cautious uptrend can be discerned in Bitcoin since Tuesday, as […]