<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/08/f-china69.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uplo
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USD/CAD – Technical Analysis Forecast
<p><img width="612" height="405" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-cad75.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/upload
US PPI down -0.1% mom in Dec
<p><img width="558" height="307" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-usa4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>US PPI for final dem
Forex Markets Show Hesitation, Gold on the Rise
<p><img width="612" height="448" src="https://www.actionforex.com/wp-content/uploads/2019/01/f-gold42.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content
Forexlive Americas FX news wrap: Big big bid at the front end continues but USD unfazed
<ul><li><a href="https://www.forexlive.com/news/us-december-ppi-10-vs-13-expected-20240112/">US December PPI 1.0% vs 1.3% expected</a></li><li><a href="https://www.forexlive.com/centralbank/ecbs-lane-interest-rate-cuts-are-not-a-near-term-topic-20240112/">ECB's Lane: Interest rate c
US stocks close the day mixed. The major indices close the week higher.
<p>The major US stock indices are ending the day with mixed results. The Dow was lower on the day and although both the S&P and Nasdaq closed higher, it was only by modest changes. Nevertheless, the Nasdaq is now up 6 consecutive days after starting the New Year on the back foot by moving sharply […]
The AUDUSD is ending an up and down week with bearish tilt but there is work to do
<p>The AUDUSD technicals are closing what has been an up-and-down trading week with a bias to the downside. That is a result, of the price action that has taken the price back below the 200 and 100-hour MAs at 0.6711 and 0.6700. Staying below those MAs tilts the bias more to the downside. </p><p>Although the […]
Canadian retail spending ticked lower in December – RBC
<p>Retail spending from Canadian consumers at the country's largest bank suggests a slight decrease in spending, with hardly any improvement year-over-year.</p><p>"Purchases of physical merchandise (excluding motor vehicles) ticked lower in December," RBC said in its month spending tracker, which is based on its car
Crude oil settles at $72.68
<p>Crude oil futures are settling at $72.68. That represents a gain of $0.66 or 0.92%. The high-priced extended to $75.25. The low price reached $72.36. The sharp rise to the upside was spurred on by the US and UK bombing of Houthi rebel in Yemen. </p><p>The price rises did extend above the January 5 high […]
US says it expects some sort of retaliation from the Houthis
<p>I guess we might find out what the Houthis have in reserve here, or how far they want to take this game.</p><p>I don't think anyone is going to tolerate a blockade of civilian ships passing through the Red Sea indefinitely.</p> This article was written by Adam Button at www.forexlive.com.