Logo-color Logo-white

Markets: The chase is sometimes better than the catch. Lemmy knew. Scooter knew. And now we know. Since the start of the week, investors have been chasing down bond yields. In Europe, anticipation on lower inflation numbers offer part of the explanation. ECB Lagarde switching focus from policy rates to halting PEPP reinvestments ahead of […]

The post Sunset Market Commentary appeared first on Action Forex.

previous

USD/JPY: Bears Consolidating for Fresh Push Through Daily Cloud Base

next

EUR/USD Dips as German Inflation Declines

Read More

11/12/2023

Euro Shows Temporary Stability

The Euro’s recent stabilization against the US dollar, now hovering around 1.0766, may be short-lived. Market eyes are turning towards the upcoming two-day meeting of the US Federal Reserve, starting Tuesday and concluding late Wednesday. Key attention will be on the interest rate decision, widely anticipated to hold steady at 5.50% annually. Investor focus is […]
25/04/2024

AUDUSD Rises Near Short-Term SMAs

AUDUSD rebounds off 0.6360 Bullish doji indicate upside correction MACD and RSI tick higher AUDUSD is heading upwards after the bullish doji candle that has been posted last Friday, adding almost 3%. The market is challenging the short-term simple moving averages (SMAs), switching the outlook to a neutral one. The technical oscillators are suggesting more […]
30/07/2024

Uncertainty Looms Ahead of Mag7 Earnings, Rate Decisions

The week kicked off on a mixed note. Equities in Europe fell, the major US indices were near flat, slightly positive for the S&P500 and Nasdaq, and slightly negative for the Dow Jones, as technology stocks extended a rebound into a second day while oil stocks retreated on a further selloff in crude oil. US […]