Logo-color Logo-white

Summary United States: Consumers Maintain Spending Power Amid Slowing Price Growth Data released this week revealed that gradually easing price pressures are promoting consumer resilience, while high financing costs continue to bite producers. Although core CPI remained elevated in November at a 4.0% annual rate, a string of slower monthly prints suggests that disinflation has […]

The post Weekly Economic & Financial Commentary: A Win for the Doves appeared first on Action Forex.

previous

Sunset Market Commentary

next

The Weekly Bottom Line: Cuts! The Herald Angels Sing

Read More

26/01/2024

AUD/USD and NZD/USD Target Additional Gains

AUD/USD is moving higher and might surge if it clears 0.6610. NZD/USD is also rising and could extend its increase above the 0.6110 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar is attempting a fresh increase from the 0.6570 zone against the US Dollar. There is a key […]
22/08/2024

FOMC Ready For September Rate Cut After Minutes and Weaker Job Growth

In focus today August Flash PMIs are due for release today from the euro area, the UK and the US. July figures signaled weakening growth momentum especially in the euro area as the manufacturing index remains well in recession territory. We still forecast positive growth for all three economies during H2 and more upbeat PMIs […]
12/04/2024

ECB Review: The Direction is Clear

Today, the ECB decided to leave policy rates unchanged as unanimously expected. A rate cut looks set to come in June, subject to further confidence on the three criteria that have guided ECB policy making through the past year. The next to no new policy signals left markets largely unchanged. Limited new signals The ECB […]