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Canadian Highlights Donald Trump’s election victory means heightened macroeconomic uncertainty north of the border. Canada’s labour market put in a decent showing in October as the unemployment rate steadied, while job creation continues. A hefty increase in preliminary housing sales data for October may be proof that interest rate cuts are beginning to boost housing […]

The post The Weekly Bottom Line: Trump Victory Likely to Bring Big Policy Changes appeared first on Action Forex.

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04/11/2024

Preparing for a US Election Marathon

The world is preparing for the November 5 US presidential election Voting times vary across states but the focus will be on seven key states Candidates need to win most of these swing states to secure victory “Safe” states will be called quickly but the final result might be delayed for days The countdown to the […]
26/04/2024

AI Saves the Day

Facebook’s Meta went on a 10% freefall yesterday, even after the company announced better-than-expected earnings. This being said, yesterday’s selloff ended up being less than suggested in the afterhours trading. CEO Mark Zuckerberg said that, in the past, the company also experienced high price volatility during a period of investment when the results were not […]
29/04/2024

Forex and Cryptocurrency Forecast

EUR/USD: Inflation Persists, US GDP Growth Slows The US economy remains the most powerful on the planet. Moreover, its share of global GDP has reached a nearly two-decade high of 26.3%. According to the IMF, from 2018, the European Union’s share decreased by 1.4%, Japan’s by 2.1%, while the United States increased by 2.3%. China’s […]