<p>It's no surprise but bombs are reportedly falling in Syria right now in response to the US soldiers killed last weekend. </p><p>Earlier this week there were reports that Biden had authorized strikes in Iraq and Syria in response. So long as no bombs fall in Iran, I don't think this will matter for markets, including [
Weekly Focus – Wait and See Mode in Central Banks
<p><img width="1254" height="836" src="https://www.actionforex.com/wp-content/uploads/2023/09/f-rate81.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uplo
GBPUSD breaks lower but stalls at a key support floor Will the downtrend continue?
<p>For those who have seen my daily posts/videos on the GBPUSD (any of them), the pair has been trading in an up-and-down trading range going back to December 14. That range is between 1.2600 and 1.2800. </p><p>Today, the price moved sharply lower after the stronger US jobs report, and the price move to a lower […]
US: January Delivers a Scorching Hot Employment Report
<p><img width="558" height="307" src="https://www.actionforex.com/wp-content/uploads/tag-images/usa.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads
Crude oil settles at $72.28.
<p>The price of crude oil isn't selling at $72.28. That's down $-1.54 or -2.09%. The low for the day was at $71.79. The high for the day was at $74.52. </p><p>The price decline comes despite the stronger-than-expected US jobs report and other reports that Biden has decided on a counterattack plan in retaliation for the [
Aussie Slides After Hot US Nonfarm Payrolls
<p><img width="612" height="390" src="https://www.actionforex.com/wp-content/uploads/2019/04/f-aud64-e1603199110608.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp
Fed's Goolsbee is fueling the 'productivity boom' talk
<ul><li>Jobs report raises questions about whether the US is having a productivity pickup</li><li>“We wouldn’t want to make much of any one month, but the continued strength of the labor market, if that continues, would lessen my worry that the job market side of our mandate is deteriorating,”</li><li>despite the
Major US stock indices are mixed with Nasdaq leading the way
<p>The major US stock indices are trading mixed in early US trading. The NASDAQ index is leading the way to the upside after Meta crushed their earnings forecasts and also declared its first dividend and pronounced $50 billion of buybacks. Meta's share are are up 18.07%.</p><p>Amazon also reported strong earnings and is helpi
US NFP rises 353k, average hourly earnings rises 0.6% mom
<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" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/
How US equity markets have found the ultimate sweet spot
<p>Oftentimes equity markets feel like a coin flip but right now, it's a heads-I-win, tails-you-lose kind of game.</p><p>The thing is, I agree with it because these are the two most-likely paths from here:</p><p>1) Growth surprises to the upside</p><p>At the end of the day, growth is good. Consumer spe