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In focus today The week concludes with a light macro schedule, where we keep an eye on the University of Michigan’s revised April consumer sentiment survey. The preliminary data showed yet another worrying uptick in inflation expectations. Economic and market news What happened overnight In Japan, Tokyo inflation for April came in higher than expected, […]

The post Watch Out for Final April Inflation Expectations appeared first on Action Forex.

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Markets Saw Some ‘Openings’ Fed Could Give More Weight to Labour Market

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08/02/2024

Euro Doesn’t Give the Impression to be Able to Really Profit from (Temporary) USD Softness

Markets US and European bond yields both ‘rebounded’ 2-3 bps yesterday after Tuesday correction. YTD peak which came within reach after Monday’s strong US services ISM for now prove to be a too high hurdle. Fed Speakers (Kugler, Collins, Barkin, Kashkari) gave small nuances on the mantra that inflation is cooling, but that more evidence […]
29/03/2024

Gold’s Price Reaches New Heights Amid Global Market Uncertainty

On Friday, the price of gold reached an unprecedented peak, soaring above 2,230 USD. The global capital market experienced low activity due to the observance of Good Friday in many Catholic countries, leading to abrupt movements by investors. The surge in gold prices is primarily attributed to anticipations that global financial regulators will lower lending […]
16/04/2025

GBPCAD Trade Setup: Bulls Re-Enter from Blue Box

Hello traders and welcome to another ‘blue box’ blog post. In a blog post like this, we discuss most recent trade setups that the Elliottwave-Forecast members took. The spotlight will be on the GBPCAD again in this post. In the last update on GBPCAD, we discussed a bullish trade setup from the blue box. The […]