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Traders lock gaze on Tuesday’s US election Trump and Harris battle neck and neck in final stretch Fed to decide whether to cut interest rates RBA and BoE decisions are also on next week’s agenda The US dollar flexed its muscles lately on the back of upbeat data suggesting that there is no need for […]

The post Week Ahead – US Election Draws All Eyes, Fed, RBA and BoE Meet appeared first on Action Forex.

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17/12/2023

2024 International Economic Outlook: Weathering the Storm

Summary Key Themes As we head into 2024, we are downbeat on the prospects for global GDP growth. In our view, the global economy is likely to experience a period of below-trend growth in 2024, with the global economy expanding just 2.4%. Growth prospects are to be restrained by a U.S. economy likely to experience […]
19/07/2024

ECB Not Confident that September Will Bring the Second Rate Ccut

TSM announced better-than-expected quarterly results and lifted its growth projections for this year’s revenue. Good news helped limiting the previous day selloff in chip stocks yesterday but couldn’t prevent the S&P500 and Nasdaq 100 from closing Thursday’s session with losses. The S&P500 fell 0.78% and Nasdaq 100 lost almost 0.50%. Nvidia rebounded more than 2.50% […]
15/04/2024

EURGBP Elliott Wave : Selling The Rallies at Blue Box Area

Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURGBP published in members area of the website. Our team recommended members to avoid buying , while keep favoring the short side in the pair. Recently we got recovery that reached our selling zone. The […]