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Fed to highlight busy week for central bank decisions BoC expected to cut too, ECB and BoJ to likely stand pat Eurozone GDP and Australian CPI to also be important US government shutdown to delay more crucial US data BoC to cut again despite CPI spike Kickstarting the central bank bonanza is the Bank of […]

The post Week Ahead – Jittery Markets Await Central Bank Bonanza appeared first on Action Forex.

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12/03/2025

GBP/USD Rallies While EUR/GBP Gains Strength

GBP/USD is showing bullish signs above the 1.2870 zone. EUR/GBP is gaining pace and might extend its upward move above the 0.8445 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is gaining pace above the 1.2870 zone against the US Dollar. There is a connecting bullish trend line forming with support […]
05/04/2024

Sour Mood Ahead of US Jobs Data

Risk appetite got a hit yesterday as an army of Federal Reserve (Fed) speakers sounded cautious about the timing of the first rate cut and as the barrel of Brent spiked past the $90pb level on rising tensions between Iran and Israel after Israel bombed the Iranian embassy in Damascus earlier this week. The barrel […]
03/09/2024

September Caution

The new week started with caution. The US and Canada were off, and news from Europe weren’t exceptional. The data released on Monday showed that the manufacturing PMI figures for August were slightly higher than expected, but numbers in major Eurozone countries remained below 50, in the contraction zone for another month. The German manufacturing […]