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Summary United States: The Equinox and the Struggle to Find Balance Spring is a time for new beginnings, and we see fresh possibility in some of this week’s less-than-stellar data. It may eventually help bring the needed balance into place to get inflation closer to the FOMC’s target. Next week: Housing Starts (Tue.), Existing Home […]

The post Weekly Economic & Financial Commentary: FOMC Likely on Hold Until Summer appeared first on Action Forex.

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20/01/2024

Week Ahead – ECB and BoJ Meetings in the Spotlight

Japanese yen loses ground ahead of BoJ decision on Tuesday ECB meets on Thursday, will it push back against rate cut bets? Bank of Canada decides too, while the US releases GDP stats BoJ unlikely to rescue battered yen The Japanese yen started the new year on the wrong foot, losing 5% of its value […]
24/05/2024

Japanese Inflation Falling Towards BoJ 2% Inflation Target

Markets Core bonds fell yesterday with German Bunds marginally underperforming US Treasuries. A solid European May services PMI (unchanged at 53.3) and an improving manufacturing one (47.4 from 45.7) coupled with record-matching Q1 wage negotiations (picking up from 4.5% to 4.7%) hurled German yields between 4.2 and 7.4 bps higher. The front of end of […]
24/07/2024

EURUSD Wave Analysis

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