<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/06/f-chf56.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/
Blogs
Gold tees up the new year by continuing its December hot streak
<p>In the first week of December, it looked like gold was set for a bit of a reality check after the rally above $2,100 fizzled rather quickly. That saw price dip back below $2,000 but gold bugs have definitely salvaged the situation in a push to a record high close this week. Thinner liquidity conditions […]
ECB's Holzmann: There is no guarantee for rate cuts next year
<ul><li>Monetary policy normalisation is showing impact on slowing inflation</li><li>But it is premature to think about rate cuts at this stage</li><li>Even with the unprecedented streak of rate hikes, there is no guarantee for rate cuts in 2024</li></ul><p>It's all just more pushback by th
USD/JPY hits five-month lows in closing stages for the year
<p>The dollar's own vulnerabilities this week is also contributing to the drop in the pair but so far in trading today, it is more about the Japanese yen. The pair is now down to 140.87 with the yen up 0.7% against the dollar. Other major currencies are not doing a whole lot in comparison for […]
ForexLive Asia-Pacific FX news wrap: Little net change 4 major FX rates after small swings
<ul><li><a href="https://www.forexlive.com/centralbank/boj-governor-ueda-said-the-chance-of-moving-rates-out-of-negative-in-2024-is-not-zero-20231228/">BOJ Governor Ueda said the chance of moving rates out of negative in 2024 is "not zero"</a></li><li><a href="https://www.forexlive.com
BOJ Governor Ueda said the chance of moving rates out of negative in 2024 is "not zero"
<p>Bank of Japan Governor Kazuo Ueda comments was reported with Japanese media, public broadcaster NHK, on Wednesday.</p><p>His remarks didn't contain any surprises:</p><ul><li>said he was in no hurry to unwind ultra-loose monetary policy</li><li>cited the risk of inflation running well above 2%
Japan November Industrial production (preliminary) -0.9% m/m (expected -1.6%)
<p>Both IP and retail outperformed:</p><ul><li>industrial output m/m didn't drop by as much as expected </li><li>retail sales y/y beat the median estimate</li></ul><p>Japanese manufacturers' forecasts:</p><ul><li>expect December output at +6.0% m/m (prior forecast was
China's 'state planner' on measures to expand domestic demand, promote stable growth
<p>China's 'state planner' is the National Development and Reform Commission. Its Chairman, Zheng Shanjie, has had comments reported from a meeting held on Tuesday. Promising the usual sort of policy measures, saying the country will:</p><ul><li>strive to expand domestic demand</li><li>ensure a spe
Harnessing Sustainable Growth: Renewable Energy Policies and Forex Market Impact
<h2>Introduction to Renewable Energy Policies and Forex </h2> <p>The world is undergoing a significant transformation in its approach to energy production and consumption. As nations strive to combat climate change and reduce their carbon footprint, renewable energy has emerged as a pivotal solution. Renewable energy policies have
Forex Market Impact of Mergers: Comprehensive Analysis Reveals Dynamic Shifts and Opportunities
<h2>Introduction</h2> <p>The Forex Market Impact of Mergers is a significant phenomenon in the financial world. This article delves into how major corporate mergers and acquisitions influence the dynamics of forex markets. By exploring the nuances of Currency Volatility in M&A Events and Investor Sentiment in Forex Trading