<p><img width="612" height="448" src="https://www.actionforex.com/wp-content/uploads/2021/08/f-eur-chf5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2021/08/f-eur-chf5.j
Blogs
10-year yield could break above 4% on strong NFP
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/09/f-job42.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/upload
Japan’s PMI services finalized at 51.5, steeper increase in inflationary pressures
<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>Japan’s PMI Services was f
Dollar Rallies Ahead of NFP, Eurozone CPI Looms
<p><img width="612" height="407" src="https://www.actionforex.com/wp-content/uploads/2023/05/f-usd232.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content
Bitcoin slammed lower – sell the Spot ETF approval fact?
<p>I've been banging on about a likely sell of BTC in my posts earlier:</p><p><a href="https://www.forexlive.com/Cryptocurrency/multiple-social-media-sources-suggest-imminent-approval-of-bitcoin-spot-etf-applications-20240104/" target="_self">Multiple social media sources suggest imminent approval of
Is this confirmation that a spot Bitcoin ETF has been officially approved?
<p>Background is this:</p><ul><li><a href="https://www.forexlive.com/Cryptocurrency/multiple-social-media-sources-suggest-imminent-approval-of-bitcoin-spot-etf-applications-20240104/" target="_blank" rel="follow" data-article-link="true">Multiple social media sources suggest immi
Trading basics – how monkeys understand Expected Value and scientists don't
<p>A team of scientists in Japan have developed technology to turn monkeys into scalpers. </p><p>OK, not really, the technology turns the monkeys from high risk takers to low risk takers. </p><ul><li>scientists implanted chips into their brains</li><li>used flashes of light from implanted chips to act
Federal Reserve Bank of Richmond President Thomas Barkin is speaking on Friday
<p>Federal Reserve Bank of Richmond President Thomas Barkin is speaking on Friday, 5 January 2024</p><ul><li>at 1.30 pm US Eastern time, which is 1830 GMT</li></ul><p>I haven't got details on the venue or event he is speaking at. </p><p>Barkin spoke earlier in the week:</p><ul>&
PBOC sets USD/ CNY reference rate for today at 7.1029
<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>
PBOC is expected to set the USD/CNY reference rate at 7.1593 – Reuters estimate
<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