Logo-color Logo-white

Markets European January PMI surveys failed to really inspire trading. A disappointing outcome for the French services PMI – releases ahead of German and aggregate EMU data – caused a spike higher in German Bunds, but lack of follow-through buying rapidly pulled German bonds back to opening levels. The EMU composite PMI improved marginally from […]

The post Sunset Market Commentary appeared first on Action Forex.

previous

Trump Wins New Hampshire

next

Cliff Notes: Labour Demand and Investment Under Pressure

Read More

03/09/2024

USD/JPY Price Forecast – USD Gains Despite Labor Day Liquidity

USD/JPY rises for the fourth consecutive day, supported by US economic optimism. US employment data this week is crucial for Fed’s September rate decision and USD/JPY direction. Japanese economic indicators and seasonality may also influence USD/JPY’s trajectory. USD/JPY continued its advance on a thin liquidity Monday. The greenback is up around 0.57% against the JPY […]
30/11/2023

Crypto Market: Another Pullback Within the Framework of Growth

Market picture The crypto market cap fell 0.5% in 24 hours to $1.42 trillion, showing another pullback as part of a broader uptrend that started in mid-October but has slowed in the last couple of weeks. Bitcoin underwent a sell-off on Wednesday afternoon from the upper end of an upward range above $38.4K. Countless times, […]
30/07/2024

Spooked Bitcoin

Market picture The cryptocurrency market pulled back 3% to a capitalisation of $2.4 trillion, erasing gains for a while due to the Bitcoin conference. For the past week and a half, the market has been predominantly moving in the $2.4-2.5 trillion range. The hesitancy of traders this week can easily be blamed on expectations of […]