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Early results in the U.S. presidential election indicate a lead for the Republican candidate. A potential Trump victory is seen as favourable for the U.S. dollar, based on Donald Trump’s plans to: → increase tariffs on key U.S. trading partners; → stimulate domestic business and support small-cap companies. Additionally, the Trump administration may influence the […]

The post Trump’s Lead Boosts Dollar appeared first on Action Forex.

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26/01/2024

ECB Review: Didn’t Rock the Boat, But Sailing Towards a Rate Cut

ECB Review: Didn’t Rock the Boat, But Sailing Towards a Rate Cut As widely expected, the ECB left its three policy rates unchanged at today’s meeting, leaving its key policy rate (deposit rate) at 4%. Today’s meeting was expected to be a stocktaking meeting with no new policy signals and the ECB delivered just that. […]
18/10/2024

Australian Dollar Higher as Job Growth Surges

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05/09/2024

Crude Oil Prices Plunge: Can $68 Hold Withstand Pressure?

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