Logo-color Logo-white

Markets With US markets closed for Independence Day and little in the way of important data, European markets couldn’t but take a cautious approach going into the weekend. With the US budget (One Big Beautifull Bill act) approved in Congress, the focus evidently turned the US July 9 tariff deadline. Markets recently balanced between hope […]

The post Markets Trying to Cope With Multiple Layers of Uncertainty appeared first on Action Forex.

previous

Week Ahead – Markets Eye Nonfarm Payrolls as Trump’s Pressure on Fed Mounts

next

EURCAD Wave Analysis

Read More

09/01/2024

 U.S. Small Business Optimism Improved Moderately at End of 2023

NFIB’s Small Business Optimism Index rose 1.3 points to 91.9 in December, coming in above market expectations for a modest increase. Despite the increase, the index was still 6 points below its historical average of 98 points. Five of the ten subcomponents improved on the month, three deteriorated, and two remained unchanged. Leading the gains […]
12/06/2025

WTI Oil Dips 2.2%, Geopolitical Risk Keeps Bulls in Play

Oil prices surged yesterday ending the day with a 5.4% gain on heightened geopolitical risk from the Middle East. A decision by the US to lighten embassy staff in Iraq and move personnel in the Middle East ahead of Nuclear talks with Iran raised eyebrows. US President Trump’s comments over the last 6 hours did […]
19/03/2025

CHFJPY Wave Analysis

CHFJPY: ⬆️ Buy CHFJPY broke resistance zone Likely to rise to resistance level 172.00 CHFJPY currency pair recently broke the resistance zone lying at the intersection of the resistance level 169.50 (former upward correction top from February) and the 38.2% Fibonacci correction of the sharp downward impulse from December. The breakout of this resistance zone […]