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Markets Financial markets came crashing down yesterday in the aftermath of the Trump administration’s new trade policy. A shocking range of tariffs risks retaliatory measures and could plunge the world into an outright trade war. Recession fears spiked. Stock markets stood at the center of attention with losses in Europe mounting to >3.5%. Wall Street […]

The post US Dollar Fell Off a Cliff appeared first on Action Forex.

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27/01/2025

What Next: Fed, ECB and BoC Will Decide on Rates

The new week will be packed with monetary policy news. Most observers expect the Bank of Canada to cut its key rate by 25 points to 3.0% on Wednesday, 29 January. The previous two cuts have been 50 pips each, but traders can’t completely rule out hints of a pause or even keeping the rate […]
01/07/2024

EURUSD Gaps Higher Over Potential French Hung Parliament

EURUSD surges after French far-right party wins first race with weaker majority Bullish bias expected to come above 1.0788; sellers could take control below 1.0670 EURUSD opened with a positive gap on Monday after Le Pen’s far right party dominated the first round of the election on Sunday with a smaller margin than analysts expected, […]
18/10/2024

Ethereum Fails to Record a Higher High

Cryptocurrencies are mostly in demand this week Ethereum rallies but fails to overcome the 2,667 level Momentum indicators are mostly bullish Following Monday’s strong upleg, ethereum is experiencing a few quiet sessions by trading in a tight range. It is in the green today, but it remains stuck below the mid-September 2021 low of 2,667. […]