Blogs

<p><img width="489" height="352" src="https://www.actionforex.com/wp-content/uploads/tag-images/chf3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/tag-images/chf3.jpg 489

<p>It was a lively year in the FX market with the yen going on a particularly wild ride but ultimately it was the Swiss franc that came out on top as USD/CHF fell nearly 9%.</p><p>At the other end of the spectrum was the Japanese yen as it was the G10 laggard for the third straight […]

<p>The major US stock indices could not keep the momentum going and is ending the day and the year with a down day. The declines today, however, were not large enough to close the week lower. As a result, the major indices are ending higher for the 9th consecutive week to end a strong year […]

<p>The global asset that dominated the conversation in much of 2023 and particularly in Q4 was the 10-year Treasury note. However after a tumultuous year, it finishes nearly unchanged.</p><p>The 10-year closed 2022 at 3.83% and it closes today at 3.87%. In the meantime it fell as low as 3.25% on the spring regional US banking [&he

<p>Someone has a Canadian dollar order that needs to be filled before the turn of the year.</p><p>The loonie is soaring today on steady bids despite a deterioration in risk sentiment. There's no data out of Canada and the oil market isn't doing much today so this is purely a flow-driven move. We're seeing some other

<p>At this time last year, everyone was fretting about a 2023 recession. That's the kind of setup that led to a 55% rally in the Nasdaq (with some help from AI) and a 24% rally in the S&amp;P 500.</p><p>How does the market feel going into 2024?</p><p>Recession calls have disappeared, stocks are up nine weeks i

<p>Oh to have a time machine.</p><p>A look at long-term US equities is a humbling exercise. The index started 1994 at 466, and while it suffered a loss that year, it has since risen 10-fold, paying dividends along the way. That's an incredible 30-year return.</p><p>Skip ahead to the final trading day of 2008 ̵

<p>The major US indices are mixed/little changed in early trading. That risk is the eight-week winning streak heading into the last trading day/week of the year.</p><p>A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average up 34.18 points or 0.09% at 37744.29</li><li>S&amp;P i

<p>It's been a great year for US equities no matter what happens today but equity futures look to give back a tad at the open. S&amp;P 500 futures are 3 points lower at 4829. If the index can gain a few points, the all-time high is at risk. The index is up 24% this year.</p><p>Notably, […]

The Pound Sterling (GBP) is set to end 2023 with decent gains of almost 5.60%.