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Markets Today’s thin eco calendar gives the opportunity to reflect on the past week’s events. First and foremost, the Fed extended its policy rate pause and indicated that the needle in the compass remains pointed at (upside) inflation (risks). The message kicked in yesterday with US yields rising by 7.5 bps (30-yr) to 12.1 bps […]

The post EUR/USD Lost First Support at 1.1274/76 appeared first on Action Forex.

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20/02/2024

How Does a UK Recession Affect the Pound’s Fate?

BoE maintains more hawkish stance than Fed, ECB Despite recession in H2 2023, rate cut bets were not altered January data suggests the economy may have turned a corner With general elections looming, what’s next for the pound? UK enters recession in H2 2023 Despite dropping its tightening bias at its February gathering, the Bank […]
02/03/2025

Weekly Economic & Financial Commentary: Fed Speak Points to Extended Pause Amid Rising Uncertainty

Summary United States: Consumer Hibernation After a solid finish to 2024, the U.S. consumer rested up in January. Spending fell 0.2% despite solid income growth. The Fed’s preferred measure of inflation showed price growth easing a bit further on trend, but confidence data out this week show consumers anxious about future inflation as talk of […]
22/05/2024

Bitcoin Waits for Ethereum Story to Develop

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