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Summary United States: The Great Divergence Incoming economic data continue to shed light on how tighter monetary policy is placing unequal pressure across economic sectors. Interest rate sensitive segments like manufacturing and commercial construction remain under disproportionate strain, while the labor market appears to be only slowly moderating. Next week: NFIB Small Business Optimism (Tue.), […]

The post Weekly Economic & Financial Commentary: Wait a Minute appeared first on Action Forex.

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12/01/2024

GBP/USD Yawns After Strong UK GDP

UK GDP rebounds to 0.3%, but economy remains weak US inflation hotter than expected at 3.4% The British pound is showing limited movement on Friday. In the European session, GBP/USD is trading at 1.2769, up 0.05%. UK GDP bounces back in November The British economy grew in November by 0.3% m/m, rebounding from a 0.3% […]
12/08/2024

Australian Dollar Gains Ground, Eyes Wage Growth

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27/12/2023

Swiss Franc Hits 9-Year High

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