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The German DAX 40 index (Germany 40 mini on FXOpen) is showing significantly stronger performance than other major global stock indices as of the end of May. For comparison, since the beginning of 2025: → The tech-heavy Nasdaq 100 has remained largely flat; → The S&P 500 is down by 1%; → Japan’s Nikkei 225 […]

The post DAX Stock Index Rises Over 20% Year-to-Date appeared first on Action Forex.

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23/05/2025

Crypto Climbs Back to January Highs

The cryptocurrency market added a mere 0.7% in 24 hours, but an important 5% in seven days to $3.5 trillion. This increase is important as it falls in the area of the market peaks reached in December and January. The sentiment index jumped to 78, last seen in January, confirming a similar situation to what […]
06/03/2024

Canadian Dollar Flat Ahead of BOC Meeting

The Canadian dollar is trading quietly on Wednesday. In the North American session, USD/CAD is trading at 1.3580, down 0.08% On the economic calendar, the Bank of Canada holds its rate meeting. The US will release JOLTS Job Openings, which is expected to tick lower to 8.9 million in February, compared to 9.02 million a […]
22/02/2025

Focus on Canadian GDP Ahead of BoC’s March Interest Rate Decision

Canadian gross domestic product will be in focus after firmer labour market reports in December and January, and an upside headline inflation surprise increased the odds that the Bank of Canada will forego another rate cut in March. Our expectation is for real GDP to rise 1.5% on an annualized quarter-over-quarter basis in Q4. Household […]