Inflation is a hot topic and will likely dominate the agenda for most of the year. Yet despite rising to 7.0%, the highest print since the 80s, the CPI measure of inflation failed to have the sort of impact you would expect from the dollar. The greenback fell across the board on Wednesday, before extending […]
The post DXY: What is Going on with the Dollar? appeared first on Action Forex.
Eurozone Sentix Investor Confidence index jumped from -12.7 to -2.9, far exceeding market expectations of -10 and reaching its highest level since June 2024. Current Situation Index improved relatively modestly from -25.5 to -21.8. Expectations Read more…
Market picture The crypto market is down 4% in the last 24 hours to $2.7 trillion and has been under selling pressure since Sunday afternoon. This can be attributed to a desire to convince the Read more…
On 27 January, while analysing the natural gas chart, we noted that price fluctuations: → Were forming an ascending channel. → Identified $3.700 as a key resistance level. As shown on the XNG/USD chart, bears Read more…