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Another day where markets hang on to a positive sentiment following a similar picture from yesterday – risk-assets are in the green and safe-havens are lagging on the day. The US dollar as recently shines on optimist flows from markets, though as the DXY is still trading below the 100.00 level. The Greenback is leading […]

The post Volatile USD/JPY Moves: What’s Driving the Action appeared first on Action Forex.

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06/09/2024

Market Analysis: GBP/USD Recovers While EUR/GBP Eyes Gains

GBP/USD is attempting a fresh increase from the 1.3090 zone. EUR/GBP is gaining pace and might extend its upward move above the 0.8440 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today  The British Pound is attempting a recovery above the 1.3130 zone against the US Dollar.  There was a break above a key bearish […]
15/10/2024

Oil Price Declines

In focus today In Germany, we get the ZEW index for October, which will give an update on how investors asses the economic situation in Germany. In September, the assessment of the current situation declined to the lowest level since Covid, and expectations declined in a sign of the weakness in the German economy. In […]
28/03/2025

U.S. Personal Income Continued to Rise Strongly, But Spending Disappointed in February

Both personal income and spending rose in February. Personal income advanced by robust 0.8% month-over-month (m/m), which was stronger than consensus expectations for a 0.4% m/m gain. Consumer spending increased by 0.4% on the month – an acceleration following a lackluster performance in January (revised to -0.3% m/m). Despite the rebound, February’s outturn was softer […]