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Markets Investor focus remains centered on public finances as trade wars shifted to the background following the US-Sino truce. Global yield curves extend their bear steepening run with attention obviously on the US. US President Trump’s big beautiful bill cleared another hurdle today as House Republicans reached an agreement on raising the deduction cap for […]

The post Sunset Market Commentary appeared first on Action Forex.

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25/09/2024

Soft-Landing, or No Soft-Landing, That is the Question: Part V

Part V: The FOMC, Blue Chip or the New Framework: Predicting the Fed Funds Rate Summary This installment presents a new framework to predict the level of the fed funds rate two quarters out. We compare our framework’s fed funds forecast with the FOMC and Blue Chip forecasts to decide who is more accurate at […]
25/01/2024

CADJPY Pulls Below 2-Month High Ahead of BoC Rate Decision

CADJPY leans to the downside after two-month high 2024 uptrend remains intact above 109.50 BoC policy announcement due at 15:00 GMT CADJPY lost momentum after the peak at a two-month high of 110.37 on Monday, but January’s series of higher highs and higher lows on the four-hour chart remain intact and only a break below […]
21/05/2025

Elliott Wave Analysis: EURUSD 5-Wave Rally Confirms Bullish Trend

The short-term Elliott Wave analysis for EURUSD indicates that the correction from the April 21, 2025, high has concluded with wave (4) at 1.1059. From the wave (3) peak, the decline unfolded as follows: wave W ended at 1.1265, wave X at 1.1381, and wave Y, structured as a zigzag, completed at 1.1059. Within wave […]