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In focus today In Sweden, the Riksbank will release the semi-annual Business Survey at 9.30 CET. While often overlooked by markets, the survey has historically been a key input for the Riksbank’s monetary policy deliberations. We expect it to align with the view of the Riksbank’s main scenario at this juncture, with a still weak […]

The post Euro Area Credit Stability Supports Modest Q3 GDP Outlook appeared first on Action Forex.

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19/08/2024

Gold (XAU/USD) Eyes Consolidation Above $2500/oz. Will Bulls Hold the Line?

Gold prices surpassed the $2500/oz level on Friday despite a decrease in the likelihood of a 50 bps cut at the Federal Reserve’s September meeting. The rally in gold prices is attributed to dovish remarks by Federal Reserve policymakers and concerns over rising tensions in the Middle East. From a technical standpoint, the weekly chart […]
21/06/2024

USDCAD Bears Could Remain in Control

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23/04/2025

Euro Under Pressure as Services PMIs Slip

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