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Market Picture On Monday morning, the crypto market capitalisation stood at $2.07 trillion, up slightly from $2.05 trillion a week earlier. In the previous two weeks, the market failed to rally above the $2.15 trillion level, which has become a local resistance. The weakness in the crypto market undermines our confidence in a global recovery […]

The post Crypto Market Attracts Money, But Prices Don’t Rise appeared first on Action Forex.

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10/01/2024

Weak JPY Following Disappointing (But Outdated) November Labor Earnings Data

Markets Bond supply stood in the center of attention yesterday. Belgium and Italy kicked off in Europe. Both received bumper investor interest, the former for a new 10-year OLO benchmark and the latter for a 7-year one as well as a tap of an existing 30-year BTP. The US started its monthly refinancing round with […]
23/04/2024

UK 100 Index Hits New All-Time Highs But Rally May Be Cooling

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07/06/2024

GOLD (XAUUSD) Elliott Wave: Forecasting the Path

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