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Markets The calm is already over. It took two days for the trade conflict to return to the front pages and dominate trading again. It started with China banning Boeing jets, followed by EU officials returning from US trade talks without progress and ended with the US imposing additional export restrictions against chipmaker Nvidia & […]

The post Sunset Market Commentary appeared first on Action Forex.

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07/02/2025

Sunset Market Commentary

Markets The long-awaited re-evaluation of the neutral rate in the euro area turned out to be much ado about nothing. Estimates varied widely depending on the measurement technique. What mattered most in the end was whether or not the bottom of the pre-pandemic 1.75-2.5% range had risen in this new era. The ECB is guessing […]
14/12/2023

EUR/USD: Stands at the Front Foot Ahead of ECB Policy Decision

The Euro stands at the front foot on Thursday, supported by weaker dollar, which got under increased pressure after the Fed signaled and end of a tightening cycle and rate cuts in 2024. Extended recovery from 1.0723 (correction low) hit two-week high ahead of today’s key event – ECB policy decision. The European Central Bank […]
10/05/2024

USD/JPY – Upsides Could Be Capped Near 156.50

Key Highlights USD/JPY started a recovery wave above the 154.00 resistance. A major bearish trend line is forming with resistance at 156.50 on the 4-hour chart. EUR/USD could aim for a steady increase if it clears 1.0820. Oil prices are facing many hurdles near $80.80 and $81.80. USD/JPY Technical Analysis The US Dollar found support […]