Logo-color Logo-white

Not without reason, the US central bank is unsure about the direction of the economy and inflation given the tariff increases and the uncertainty about what will happen to them. That was clear from the monetary policy decision this week where the bank kept interest rates unchanged and stated that risks have increased in both directions […]

The post Weekly Focus – Fed, and the Economy, in Wait-and-See Mode appeared first on Action Forex.

previous

Weekly Economic & Financial Commentary: What’s the Deal?

next

Markets Weekly Outlook – US-China Trade Talks & Global Economic Data

Read More

22/02/2024

Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently exhibits bullish momentum, suggesting a potential bullish bounce off the 1st support level followed by a movement towards the 1st resistance. The 1st support level at 103.79 is identified as an overlap support, indicating a historical level where buying interest has previously emerged to support the price. […]
11/06/2024

Gold: Bears Taking a Breather ahead of US CPI Data – FOMC Policy Decision

Gold price edged lower in early trading on Tuesday, following Monday’s limited consolidation of nearly 4% drop on Friday. Near-term outlook remains bearishly aligned after a massive loss last Friday, sparked by strong US jobs data and reports that China’s central bank paused gold purchases in May. Markets shift focus towards this week’s key events, […]
04/01/2024

Will European Inflation Prints Support Rate Cut Narrative?

In focus today Today, focus will be on inflation data coming out of Germany and France, which should indicate the direction of the euro area inflation released tomorrow. In the US, we will get a new round of labour market data, as the ADP employment report for December and initial jobless claims are scheduled for […]