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Summary United States: Growth Still Solid, but Slowdown on the Horizon The ISM services index shot higher into expansion territory during January, which is the latest piece of evidence that economic growth is still firmly in positive territory. A sharp rise in the prices paid subindex, however, shows that inflation pressures have yet to be […]

The post Weekly Economic & Financial Commentary: Central Banks Still in the Spotlight appeared first on Action Forex.

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05/07/2024

Terrifying Crypto Sell-off

Market picture The crypto market cap has fallen back below $2 trillion, accelerating its decline and losing over 8%, while many altcoins have suffered double-digit losses within the last 24 hours. Bitcoin pulled back to $54.7K, losing around 6.5% since the start of the day and hitting a low of $53.3K. The 200-day moving average […]
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