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Small businesses have become more optimistic since the November election, as evidenced by an eight-point jump in the Small Business Optimism Index. There was a similar jump in 2016 following Donald Trump’s victory. The index jumped to 101.7, above its historical average of 98, with improvements in nine out of ten components (current inventory unchanged). […]

The post US Small Business Optimism Soars appeared first on Action Forex.

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Upside Surprise in US CPI Will Strengthen January FOMC Pause

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08/12/2023

GBPJPY Seeks Buyers After Worst Day of the Year

GBPJPY reverses October-November rally Oversold conditions detected after sharp drop Resistance at 181.45-182.00 GBPJPY crashed by 3.5% to 178.51 on Thursday before closing the day at 181.45, marking its worst daily session of the year. The pair faced heavy selling in the wake of renewed signals the Bank of Japan could exit its existing super […]
10/12/2024

RBA Remains on Hold, Slowly Gaining Confidence

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26/01/2024

Foreign Central Banks Take Center Stage

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