Blogs

<p><img width="545" height="316" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-swiss4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>Swiss CPI fell -0.2 mom in November, below expect

<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-gold11.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>Gold prices reached a new record high today, surpassing 2

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/upl

<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-japan5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>BoJ board member Asahi Noguchi e

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/02/f-gold113.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-conten

<p>In brief from a Westpac preview of the upcoming RBA decision. </p><p>Westpac is forecasting that the Reserve Bank of Australia is unlikely to raise the cash rate at its December meeting. </p><ul><li>As described in the minutes of the November meeting, the staff forecasts were “predicated on there being an addi

<p>What to expect from the Reserve Bank of Australia on Tuesday, summary comments via Commonwealth Bank of Australia</p><ul><li>We expect the RBA to leave the cash rate on hold at 4.35%</li><li>We ascribe a 90% chance to no change and a 10% probability to a 25bp increase (we consider the risk of any other move to

<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>

<p>People's Bank of China USD/CNY reference rate is due around 0115 GMT.</p><p>The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan

<p>Morgan Stanley expects support for Brent crude oil in the mid $80s.</p><p>Analysts at the firm responsd to the OPEC+ agreement. They assess that the output cuts took a long time to negotiate, and while they are still not part of the formal quota, and only limited commitment by members of the cartel is being shown […]