Blogs

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2018/12/f-rate31.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2018/12/f-rate31.jpg 6

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-au1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>Australia&#8217;s emplo

<p><img width="573" height="302" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-nz1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>New Zealand&#8217;s GDP

<p><img width="511" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-stocks32.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>DOW surged 1.40% to close at n

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-fed3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>US stocks surged, with DOW

<p><img width="508" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-usd-jpy6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>Investor sentiment was b

<p>Barclays have revised their projections for Federal Reserve rate cuts next year:</p><ul><li>expect the first 25bp rate cut in June, with two more to follow</li><li>had previously been expecting one cut next year, in December</li></ul><p>JPM and Soc Gen have already piled in:</p><ul&g

<p>Westpac is looking for a lower USD/JPY into next week's Bank of Japan meeting:</p><ul><li>decisive Fed pivot to rate cuts has pretty comprehensively undercut near term USD prospects.</li><li>the long awaited big turn in the USD, we still think it is going to take time to develop</li><li> Heigh

<p>A couple of responses to the Federal Open Market Committee (FOMC) on Wednesday:</p><ul><li>JP Morgan are forecasting the first Federal Open Market Committee (FOMC) rate cut in June 2024 (JPM were previously forecasting July). See a target Fed Funds range 125bp lower by the end of 2024</li><li>Soc Gen are forec

<p>The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.</p><ul><li>USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.</li><li>CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.</li>