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Tariff-pause optimism didn’t last long. Although the European markets followed the US to the upside, mood in the US turned increasingly sour and led to another wave of selloff as the trade war escalated with China. China announced to restrict the US movie imports and the US increased its tariffs on Chinese goods to 145%. […]

The post Back to Red appeared first on Action Forex.

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EUR/USD Hits Highest Level in Over Three Years

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12/03/2025

Markets Haunted by Multiple, Often Contradictory Story Llines

Markets Markets recently were haunted by multiple, often contradictory story lines ranging from the potential impact of US tariffs on growth and inflation inside and outside the US, the impact of a fiscal U-turn in Europe, the potential consequences of a cease-fire in Ukraine and the presumed reaction function of central bankers (in particular the […]
28/05/2024

EURJPY Advances Towards 40-Year High

EURJPY is in a steady uptrend, threatening multi-year peak But oscillators point to overbought conditions EURJPY has been in a steady advance since the beginning of May following its bounce off the long-term ascending trendline. However, the risk of a pullback has increased as the price is approaching its 40-year high of 171.56 given that momentum indicators […]
26/04/2024

Fed Faces Dilemma Amid Sticky Inflation and Slowing Economy

Investors scale back Fed rate cut bets as inflation stays hot But economic growth slows more than expected in Q1 Will the Fed continue to signal patience? The Committee decides on Wednesday at 18:00 GMT Stubborn inflation weighs on rate cut bets When they last met, Fed officials left interest rates untouched as it was […]