AUDJPY reversed from support level 103.00 Likely to rise to resistance level 104.50 AUDJPY currency pair recently reversed up from the key support level 103.00 (which has been reversing the price from the middle of May). The support level 103.00 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of […]
Headline U.S. inflation for August on Wednesday is expected to fall to 2.5% after dipping below 3% in July for the first time since 2021, setting up the U.S. Federal Reserve to cut interest rates for the first time since 2020. Falling gasoline prices likely accounted for much of that slowing, but we also expect […]
The post U.S. Inflation Print Expected to Tee Up First Fed Interest Rate Cut Since 2020 appeared first on Action Forex.
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