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Fed to sit on the sidelines amid tariff uncertainty. BoE to cut by 25bps, but could still disappoint the doves. China trade data to reveal wounds amid US-Sino trade war. Japan wages, Canada job numbers and AMD earnings also on tap. Dollar slide pauses amid easing trade tensions The US dollar recovered some ground this […]

The post Week Ahead – Fed, BoE Decisions, China’s Trade Data in the Spotlight appeared first on Action Forex.

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09/11/2024

The Weekly Bottom Line: Trump Victory Likely to Bring Big Policy Changes

Canadian Highlights Donald Trump’s election victory means heightened macroeconomic uncertainty north of the border. Canada’s labour market put in a decent showing in October as the unemployment rate steadied, while job creation continues. A hefty increase in preliminary housing sales data for October may be proof that interest rate cuts are beginning to boost housing […]
17/04/2025

Europe’s Opening Bell: Stock Indices Rise on Positive US-Japan Talks, ECB Meeting Comes into Focus

Asian stocks rose slightly on Thursday, and the dollar gained a bit as traders evaluated trade talks between the U.S. and Japan, while concerns over tariffs introduced by President Donald Trump kept the mood cautious. Markets were also digesting comments by Federal Reserve Chair Jerome Powell yesterday. Fed Chair Jerome Powell gave a firm hawkish […]
25/01/2024

CADJPY Pulls Below 2-Month High Ahead of BoC Rate Decision

CADJPY leans to the downside after two-month high 2024 uptrend remains intact above 109.50 BoC policy announcement due at 15:00 GMT CADJPY lost momentum after the peak at a two-month high of 110.37 on Monday, but January’s series of higher highs and higher lows on the four-hour chart remain intact and only a break below […]