Logo-color Logo-white

Markets The US and China agreed to restore the Geneva trade truce after a two‐day trade talk marathon in London. Both sides accused each other of violating the terms in recent days but have now found common ground. The news broke overnight and after US trading hours. Asian stock markets welcome the news but only […]

The post US and China Agreed to Restore the Geneva Trade Truce appeared first on Action Forex.

previous

Elliott Wave Insight: Dow Futures (YM) Set to Wrap Up Wave 3 Soon

next

US CPI Takes Centre Stage Today

Read More

02/01/2024

Euro Extends Losses after Weak PMIs

Euro slips below 1.10 line German and eurozone manufacturing PMIs contract The euro is down sharply on Tuesday. In the European session, EUR/USD is trading at 1.0969, down 0.62%. The euro hasn’t posted a gain since Wednesday. The US dollar has hit a rough patch on market expectations that the Federal Reserve will cut rates […]

Could Euro Area CPIs Unsettle ECB Rate Cut Expectations?

New year starts with the December inflation report testing ECB’s hawkishness Market looks for a sizeable pickup in CPI, creating doubt about the rate cuts priced in German CPI figure released on Thursday; the euro area aggregate on Friday 10:00 GMT The new year starts on a rather high note With market participants recovering from […]
03/06/2025

EURUSD Rises to 5-Week High as Dollar Suffers from Fresh Tariff Threats

EURUSD hit the highest in over five weeks on Monday, inflated by weaker dollar on the latest threats of doubling import duties on steel and aluminium. The pair gained around 0.8% by the mid-US session and pressure strong resistance at 1.1453 (Fibo 76.4% of 1.1573/1.1065, reinforced by the upper 20-d Bollinger band. Bulls may face […]