Logo-color Logo-white

The ECB’s policy decision to cut 25bp was unanimously expected by markets and analysts, and furthermore there were no new policy signals. Incoming information since the December meeting supported the economic and inflation assessment in the ECB’s December baseline, with an unchanged risk assessment. Hence, today’s press conference will not be remembered as a key […]

The post ECB Review – A 25bp Rate Cut – Looking Towards the Spring appeared first on Action Forex.

previous

U.S. Economic Growth Eased But Remained Healthy at the End of 2024

next

After 25 bps Cut in March, Expect ECB to Start Skipping from Time to Time

Read More

13/02/2024

NZD/USD Dips Despite Hawkish RBNZ

RBA’s Orr says high rates still needed New Zealand releases inflation Expectations on Tuesday The New Zealand dollar is lower on Monday. In  the European session, NZD/USD is trading at 0.6127, down 0.35%. The New Zealand dollar ended the week on a high note, gaining 0.86% against the US dollar on Friday. RBNZ’s Orr says […]
03/12/2024

EUR/CHF: French’s Political Fiasco May Trigger a Major Bearish Breakdown

A no-confidence vote to remove French PM Barnier pushed out by the far-right National Rally party may topple the French government this week. A current political fiasco in France has triggered an increase in the credit risk premium on longer-term French sovereign bonds. A further uptick in French sovereign bonds’ credit risk premium may lead […]
03/10/2024

Could Friday’s Data Tip the Balance in Favour of a 50bps Fed Rate Cut?

 Discussions about the size of the November Fed rate cut continue Mixed labour market data up to now with ADP surprising on the upside Friday’s data matters the most; non-farm payrolls seen rising by 140k Geopolitics boost demand for dollar, data could reverse this trend Fed rate cut discussions continue With the market trying to […]