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Trade headlines are accelerating again—and that’s not necessarily a good thing. Markets ended last week on a sour note after President Donald Trump threatened to impose a 50% tariff on European imports by June 1st, prompting a sharp selloff in major US and European indices. He also warned that Apple could face a 25% tariff […]

The post Markets Swing on Rapidly Changing Trade Headlines appeared first on Action Forex.

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03/05/2024

Could They? Should They?

The RBA is on hold until inflation falls further. A scenario necessitating a rate hike is not impossible, but it is unlikely, and it would only take shape later in the year. With the inflation surprise in the March quarter and some further upside possible in the June quarter, the outlook for rate cuts in […]
28/05/2024

AUD/USD Rises After Retail Sales Tick Higher

The Australian dollar has edged higher on Tuesday. AUD/USD is trading at 0.6667, up 0.25% on the day at the time of writing. Australia’s retail sales rise 0.1%, CPI next Australian consumers remain frugal and cautious, as retail sales rose just 0.1% m/m April. This was a rebound from the 0.4% decline in March and […]
08/02/2024

EUR/USD Eyes German Inflation

EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%. German inflation expected at 0.2% Germany’s CPI is expected at 0.2% m/m on Friday, which would confirm the initial estimate from two weeks earlier. On an annualized basis, the initial estimate for CPI came in at […]