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<p><img width="526" height="326" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-uk1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-co

<p><img width="552" height="311" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-eu2.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>Eurozone&#8217;s PMI Manufacturing was finalized

<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" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin6.j

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-china-6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>December brought mixed

<p><img width="612" height="350" src="https://www.actionforex.com/wp-content/uploads/2020/08/f-usd209.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content

<p>Bitcoin is having a Happy New Year, making a new high from all the way back in April of 2022:</p><p>Weekly candles</p><p>Lower rates on the horizon have been supporting all sorts of risk trades. Halving coming not doing it any harm either:</p><ul><li><a href="https://www.forexlive.com/Crypt

<p>Bank of America are forecasting no rate cut from the Reserve Bank of Australia until 2025.</p><p>BoA's assessment says rates have peaked or have nearly down so, citing:</p><ul><li>economy slowing, GDP barely positive in Q3 2023</li><li>unemployment rising, hit an 18 month high in November <

<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>Happy New Year, everyone! We're off to a more mixed start to the new year with the dollar sitting slightly higher while stocks are a little on the backfoot. Meanwhile, the likes of gold and Bitcoin are still pressing higher as flows slowly ease back into the rotation. The first week of trading usually is […]