European stock markets are falling heavily again on Wednesday, reminding us all once more why we shouldn’t get excited by the bear-market rallies. There’s a desperation to add substance to the, often sizeable, rallies that pop up in equity markets despite little or no rationale behind them and today is once again a lesson in […]
The post Don’t Get Too Excited by Bear-Market Rallies appeared first on Action Forex.
The Bank of Japan left its interest rate unchanged at 0.75% per annum, as widely expected. At the same time, it raised its inflation forecast for 2026 to 2.8%, up from 1.9% previously, while downgrading Read more…
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Gold prices are experiencing a selloff driven by rising oil prices (fueling inflation concerns) and dampened sentiment regarding a potential US-Iran deal Technical analysis indicates an accelerating bearish momentum, with Gold breaking below both the Read more…