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Summary United States: The Rate Outlook Just Got Cloudier Data remain relatively scarce on day 31 of the government shutdown. Consumer perceptions of the labor market are very weak, and home sales appear to have stalled. The FOMC instituted another 25 bps rate cut, but Powell raised the bar for future easing. Next week: ISM […]

The post Weekly Economic & Financial Commentary: The Rate Outlook Just Got Cloudier appeared first on Action Forex.

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Markets Weekly Outlook – BoE Meeting in Focus, US Government Shutdown Continues

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18/04/2025

Gold: Epic Rally

Gold delved deeper into the territory of all-time highs during the week, reaching a local top above $3350 per troy ounce on the spot market, representing a more than 4% gain from the start of the week. The price later retreated to the $3300 area. Gold has been on the offensive since touching the 50-day […]
22/07/2024

BoC to Cut Rates Again, What’s Next?

Bank of Canada to slash rates by 25bps for the second time in a row More easing expected, but policymakers might signal a data-dependent approach USDCAD tests key resistance of 1.3740; key support at 1.3620 Investors are confident that the Bank of Canada (BoC) will cut interest rates by a quarter percentage point for the […]
07/05/2025

Trading the FOMC Meeting: Key Levels & Analysis for EURUSD and USDJPY

How are Economic Data and Inflation Shaping the Outlook? This week, financial markets are keenly focused on the upcoming FOMC Federal Funds Rate decision, the FOMC statement, and the subsequent FOMC press conference. Significant uncertainty surrounds US interest rate projections due to the ongoing divergence between market expectations and the Federal Reserve’s outlook for the […]