GBP/USD Weekly Outlook – Action Forex
GBP/USD’s decline last week suggests that corrective recovery from 1.2486 might have completed at 1.2810 already. Break of 1.2615 should affirm this case, and bring...
Tag : Weekly
GBP/USD Weekly Forecast: Dollar Soars on Fading Fed’s Cut
US inflation data showed an increase in price pressures in November. Market participants scaled back expectations for Fed rate cuts in 2025. Traders expect policy...
FX Weekly Recap: December 9 – 13, 2024
Currency markets saw major shifts in central bank sentiment this week as odds of a post December Fed rate cut pause grew, while the SNB...
Global Market Weekly Recap: December 9 – 13, 2024
From the Nasdaq shattering the 20,000 barrier to gold’s surge toward $2,700 and bitcoin’s rollercoaster ride, the week’s drama has traders rethinking their playbooks for...
USD/JPY Weekly Outlook – Action Forex
USD/JPY edged lower to 148.64 last week but turned sideway since then. Initial bias stays neutral this week first, and further fall is in favor...
USD/CAD Weekly Forecast: Gaining Ahead of Major BoC Cut
Traders increased the likelihood of a massive Bank of Canada rate cut in December. Canada’s unemployment rate jumped from 6.5% to 6.8%. US job growth...
EUR/USD Weekly Outlook – Action Forex
EUR/USD’s rebound from 1.0330 short term bottom extended higher last week. Initial bias is mildly on the upside this week for further rise to 55...
Weekly Market Outlook (09-13 December)
UPCOMING EVENTS: Monday: China CPI. Tuesday: RBA Policy Decision, US NFIB Small Business Optimism Index. Wednesday: Japan Tankan Index, Japan PPI, US CPI, BoC Policy...
Global Market Weekly Recap: December 2 – 6, 2024
Investors had plenty to work with throughout the week, as financial markets reacted to geopolitical developments and priced in expectations for the highly-anticipated OPEC+ decision...
EUR/USD Weekly Forecast: Rebound Amid Stability in France
The fears of a looming French government collapse weighed on the euro. The dollar fell due to downbeat service business activity and unemployment claims data....