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Summary United States: Fall Data and It’s the Same Retail sales came in stronger than expected in September, industrial production was weaker than expected and residential construction softened. The fall data mix is a continuation of the underlying trends in economic growth—consumers are strong, while interest-rate-sensitive sectors are weak. Next week: LEI (Mon.), New Home […]

The post Weekly Economic & Financial Commentary: U.S. Dollar Gains on Re-Think of Fed Policy Easing appeared first on Action Forex.

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Markets Weekly Outlook – PMI Data and IMF Meeting Dominate the Agenda

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25/09/2024

Sunset Market Commentary

Markets After last week’s Fed decision, investors were happy to use soft/disappointing data to push money market pricing for ever more aggressive font-loading on Fed and ECB interest rate cuts. Fed members and even more ECB policy makers for now kept a balanced communication mostly favoring a gradual approach. Still markets now see a > […]
14/08/2024

AUDUSD Wave Analysis

AUDUSD reversed from support zone Likely to rise to resistance level 0.6650 AUDUSD currency pair recently reversed up from the powerful support area located between the long-term support level 0.6370 (which has been reversing the price from last November) and the lower daily Bollinger Band The upward reversal from this support area created the daily […]
16/02/2024

Building Up a ‘Home-Grown’ Inflation Issue?

Issues in the home-building sector are still boosting goods inflation in Australia. This week RBA Head of Economic Analysis Marion Kohler gave a speech on the economic outlook. Normally an RBA speech so soon after the release of the Statement on Monetary Policy will be designed to reinforce the messages in that publication, rather than […]