Logo-color Logo-white

It has been an extremely volatile week in global financial markets that got some relief following Donal Trump’s 90-day halt on the sweeping 20% tariffs he originally imposed on all US trading partners at ‘Liberation Day’, but at the same time the increased tensions with China caused a further increase in US Treasury yields and the […]

The post Weekly Focus – Trade War Lingers on as 90-Day Halt Offers Limited Relief appeared first on Action Forex.

previous

Crypto Helped by Dollar Weakness

next

How the ANZACs Might Handle the Trade Shock

Read More

10/01/2025

Bitcoin Fails to Hold Above $100k and Drops to a 2024 Low

According to the BTC/USD chart today, the price of the leading cryptocurrency has fallen below its 30 December 2024 low near the $91,800 level, thereby marking a new low for 2025. Bearish sentiment may, in part, be driven by the US government’s reported intention to sell Bitcoin confiscated from Silk Road (an online marketplace operating […]
11/12/2023

EUR/USD Takes Hit And At Risk of More Downsides

Key Highlights EUR/USD struggled near 1.1020 and started a fresh decline. It traded below a key bullish trend line with support at 1.0860 on the 4-hour chart. GBP/USD is also correcting gains below the 1.2600 level. Gold prices declined heavily and traded below $2,000. EUR/USD Technical Analysis The Euro failed to gather momentum above the […]
10/04/2024

Canadian Dollar Calm Ahead of BoC Decision

The Canadian dollar is slightly lower on Wednesday. In the European session, USD/CAD is trading at 1.3559, down 0.09%. Bank of Canada expected to stay pat The Bank of Canada is widely expected to hold the cash rate at 5.0% at today’s meeting. The BoC’s rate policy has been “higher for longer”, with policy makers […]