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In focus today In the euro area, focus turns to the German inflation data for March that we receive ahead of the euro area data tomorrow. Last week, inflation in France and Spain came in lower than expected, in a positive sign for the ECB, and it will be interesting if Germany shows the same […]

The post A Week in the Name of Tariffs appeared first on Action Forex.

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USD/JPY Slides Further Below 149

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08/10/2024

Hang Seng Index (HSI) Drops Nearly 10% Today

As shown on the Hang Seng Index chart (Hong Kong 50 on FXOpen), prices have fallen by almost 10% since trading began today, and the session is not over yet. According to Reuters, bearish sentiment was driven by uncertain statements from Chinese officials regarding economic stimulus measures. This has raised doubts in the stock market […]
04/04/2025

AUD/USD Top Loser of Asian/Early European Trading on Friday

AUDUSD was sharply down during Asian / early European sessions on Friday, falling over 2% so far and being the top loser of the day. The Ausie dollar remains under strong pressure from risk aversion that continue to weaken stocks and commodities, with stronger dollar on Friday morning, adding to negative near term outlook. Today’s […]
13/09/2024

Gold Price Hits New Record

As shown by the XAU/USD chart: → Gold has reached a new all-time high; → This morning, gold is trading around $2,567 per ounce. Bullish sentiment is being driven by expectations of a Federal Reserve rate cut next week. According to MoneyControl, the International Monetary Fund stated on Thursday that it would be “appropriate” for […]