Near-term recovery from 1.3300 zone higher base has received fresh boost from improving geopolitical picture that sparked risk appetite and deflated dollar. Although today’s action was limited, Cable remains at the front foot as traders await release of May inflation data on Wednesday (3.0% f/c vs Apr 2.8%), with CPI at/above forecast to add to […]
The post Cable Remains Constructive Ahead UK CPI Data, BoE Policy Meeting appeared first on ActionForex.
Dow Futures (YM_F) ended their correction against the cycle from the March 30, 2026 low and extended higher. The rally from that low completed wave 1. The pullback in wave 2 unfolded as a zigzag Read more…
The Bank of Japan hiked. The Reserve Bank of Australia paused. Neither decision surprised markets. Yet the reaction in AUD/JPY may be telling a more important story. The cross drifted lower after the BoJ raised Read more…
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