Logo-color Logo-white

In focus today Today’s main event will be the FOMC rate decision at 20:00 CET – we expect a 25bp cut of the Fed Funds Rate target (to 5.00-5.25%). This morning markets price in a 65% probability for an even bigger 50bp rate cut. Even though the Fed will now initiate its rate cutting cycle, […]

The post Will FOMC Cut by 25 or 50bp? appeared first on Action Forex.

previous

CHFJPY Wave Analysis

next

Markets Will Finally Get the Fed Verdict Today

Read More

19/02/2024

Week Ahead Europe – Eurozone Inflation and PMI Surveys Eyed

Is a March rate cut from the ECB still possible? UK surveys eyed as the economy falls into recession Could eurozone inflation figures reignite the rate cut debate next month? March has widely been written off as the likely moment that some major central banks will start cutting interest rates but data next week may […]
28/12/2023

USD/JPY Price Analysis: Declines to five-month low, trades near 140.80

USD/JPY moves below the 141.00 psychological level on the back of the subdued US Dollar. A firm break above the 142.00 level could lead the pair to reach a nine-day EMA at 142.41. Technical indicators suggest a bearish sentiment to test the major support at 140.50. USD/JPY extends its losses as the US Dollar (USD) […]
30/05/2024

Has Pound Rally Run Its Course?

Pound gains as BoE seen cutting rates late Economy improves but inflation may further slow A Labor victory could make the BoE’s job easier As rate cuts come forward, pound may weaken Sticky core inflation weighs on rate cut bets We are nearly halfway through 2024 and the pound is holding the first place among […]