Logo-color Logo-white

The central bank doves are forcefully back following a significantly lower-than-expected US JOLTS print, and on the back of a surprisingly dovish comment from an otherwise… hawkish Isabel Schnabel from the European Central Bank (ECB). Jolts Released yesterday, the JOLTS data showed that the US job openings fell below 8.8 mio jobs in October – […]

The post Bonds Rally, Equities Watch appeared first on Action Forex.

previous

Gold Price Retreats From Highs and Crude Oil Price Dives

next

Can NZDUSD Bulls Keep the Rally Alive?

Read More

04/06/2024

Ethereum’s Bull Pennant Needs Confirmation

Market picture The cryptocurrency market loses just over 0.5% in 24 hours, to $2.56 trillion. The moderate pressure is due to another failed attempt by Bitcoin to consolidate above $70K, which is now retreating 0.2%. Ethereum has pulled back 1.8% in the same time frame, while the top coins are moving without a single trend, […]
02/04/2024

Natural Gas Wave Analysis

Natural gas reversed from multi-month support level 1.541 Likely to rise to resistance level 2.030 Natural gas recently reversed up from the multi-month support level 1.541, which reversed the price twice in the middle of 2020. The support level 1.541 was strengthened by the lower weekly and the daily Bollinger Bands. Given the strength of […]
26/07/2024

Bank of England Preview – A Dovish Hold; Limited EUR/GBP Downside Potential

We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 5.25% on 1 August. We stress that it is a very close call not least due to the very limited amount of communication from the MPC over the past months. Overall, we expect the BoE to deliver a dovish twist to […]