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Nasdaq-100 futures are currently approximately 3% below their all-time highs, while the S&P 500 is down by less than 2% from its highs. However, fear has been driving stock markets for over a month now, according to a widely recognised sentiment index. This divergence suggests further potential upside for stocks rather than indications of a […]

The post Stock Gains Potentially Poised for Extension, Building Momentum appeared first on Action Forex.

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21/04/2024

Forex and Cryptocurrency Forecast

EUR/USD: A Pause After the Rally Last week, 60% of analysts adopted a neutral stance in their previous forecast and were proven absolutely correct. EUR/USD had a calm week, even boring at times, moving along the 1.0650 mark within the narrow corridor of 1.0600-1.0690. Market participants were recuperating from the rally of the preceding days, […]
26/12/2023

2023 In Review: A Look Back At The Highlights Of The Year

The year 2023 commenced after two years of economic uncertainty and heavy inflation across Europe and North America, home to leading financial markets, with major currencies such as the euro and the US dollar, and financial hubs including London, New York, Chicago, Frankfurt, and Toronto. These continents, where major stock exchanges operate and the S&P […]
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US December CPI Preview: Concerns About Sticky Inflation to Linger

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