Logo-color Logo-white

As high inflation fades into the rear-view mirror, has everyone noticed the other signs of a slowing in economic momentum? The torrent of tariff-related headlines eased this week, allowing markets to take a bit of a breather and the rest of us to focus on other things. In a world of continuous data flow, it […]

The post A Loss of Momentum? appeared first on Action Forex.

previous

Patience Is A Virtue: Bank of Japan Holds Steady

next

Markets Weekly Outlook – Central Banks in Focus as Risk Appetite Improves

Read More

02/08/2024

Canada’s July Employment Report Will Confirm a Weaker Labour Market

The Canadian jobs report for July next Friday is expected to show more softening in the labour market. Employment gains have already slowed substantially into the summer, and we expect July will be no exception with 15,000 new jobs added. Against a still rapidly rising population, the unemployment rate will likely have ticked higher again […]
08/04/2025

NZD/USD Rebounds: A Dead Cat Bounce?

NZD/USD rebounds near 2022 and pandemic lows. Short-term trend remains bearish; bulls need a break above 0.5870. NZDUSD switched to recovery mode on Tuesday after a bleak start to the week, which pushed the price slightly below the 2022 low of 0.5510 and closer to its pandemic trough of 0.5468, as investors continued to digest […]
21/11/2024

Elliott Wave View: Gold (XAUUSD) Starts Next Leg Higher

Short Term Elliott Wave View in Gold (XAUUSD) suggests that rally to 2790.07 ended wave ((3)). Pullback in wave ((4)) unfolded as a double three Elliott Wave structure. Down from wave ((3)), wave A ended at 2724.6 and rally in wave B ended at 2749.9. Wave C lower ended at 2643.1 which completed wave (W) […]