The USD is coming down as stocks pushed higher during the US session yesterday. However, the 10 year US yields are consolidating so we have to consider that the USD can see some more intraday strength if 10 year breaks above 4%. If USD would come higher then watch for USDJPY as this one can […]
The post Intraday Elliott Wave Update: EUR/USD Ready to Catch Dax, USD/JPY Approaching Resistance appeared first on Action Forex.
RBA delivered a widely expected 25bps hike to 4.10%, but the real surprise lay in the 5–4 split decision, exposing a deeply divided board. The narrow margin suggests that while policymakers are concerned about inflation, Read more…
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. While inflation has fallen substantially since its peak in 2022, it picked up materially in the second Read more…
Bitcoin is staging a notable recovery this week, climbing back above the 75,000 handle even as geopolitical tensions in the Middle East remain elevated. The move challenges the typical risk-off playbook, where escalating conflict would Read more…