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US inflation and retail sales among the highlights Tier three Canada data only after employment update Could a March rate cut still be on the table? US economic data since the turn of the year has been far from ideal considering traders had priced in up to 175 basis points of rate cuts at one […]

The post Week Ahead North America – US Inflation Data Eyed, Canada Quiet appeared first on Action Forex.

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21/11/2024

Euro Area Consumer Confidence Out Today

In focus today Today, in the euro area we receive data on consumer confidence for November. We have seen a strong upward trend the past year, which bodes well for consumption next year if it continues. In Sweden, we have a speech by Riksbank vice governor Per Jansson at 14:45 about the economic situation. According […]
16/07/2024

Bitcoin and Ethereum Test 50-Day MAs

Market Picture The crypto market has rallied nearly 2% over the past 24 hours to a $2.34 trillion cap, with the slippage at the start of the day pushing the figure to $2.38 trillion, a level last seen on June 20th. Bitcoin and Ethereum are testing their 50-day moving averages on Tuesday after retreating from […]
19/09/2024

GBPJPY Surges Above 188.00 Key Barrier

GBPJPY jumps above 188.00, confirming a higher low A break above 193.50 could brighten the picture A move below 183.70 may turn the outlook back to bearish GBPJPY traded higher on Thursday, clearing the key resistance (now turned into support) barrier of 188.00. The move confirmed the higher high at 183.70, which cancels the bearish […]