Logo-color Logo-white

In focus today In the US, February durable goods orders will be released. In the evening, the Fed’s Musalem will be on the wires. In the UK, the day is packed with action. We get inflation data for February, where focus is on the momentum in core services, which continues to prove remarkably sticky. In […]

The post US Strikes Ukraine-Russia Ceasefire appeared first on Action Forex.

previous

Elliott Wave View: CADJPY Looking to Rally in 7 Swing WXY Structure

next

Moody’s Warned the US for Deteriorating Fiscal Outlook

Read More

30/10/2024

Gold Wave Analysis

Gold broke resistance level 2750.00 Likely to rise to resistance level 2800.00 Gold recently broke above the minor resistance level 2750.00 (which stopped the previous minor impulse wave 1 earlier this month). The breakout of the resistance level 2750.00 should accelerate the active intermediate impulse sequence (5) from the start of October. Given the strong […]
18/01/2024

Lagarde Pushes Back Against a Springtime Cut

In focus today Today focus in the euro area will be on minutes from the December ECB meeting. As for data releases Thursday looks rather light, however in the US the Philly Fed Manufacturing Index comes out. Consensus expects an improvement. A few central bankers are scheduled to speak today with SNB chairman Jordan speaking […]
31/10/2024

Sunset Market Commentary

Markets The fall-out of Reeves’ “one of the largest fiscal loosenings of any fiscal event in recent decades” on UK bond markets went into a second day. Gilt yields sprint another 10.1 (30-yr) to 19 (2-yr) bps higher with new YtD highs for all maturities >5 years. The front-end is heavily influenced by central bank […]