Market movers today The market will be eagerly awaiting Fed chair Jerome Powell’s speech at 16.00 CET, where he is expected to lay out the path for monetary policy amid still significant inflation pressures but an US economy that is witnessing a significant growth slowdown. The personal consumption expenditure report is also due in the […]
The post All Eyes on Fed at Jackson Hole appeared first on Action Forex.
Aussie has staged a remarkable breakout today, surging broadly higher to clip a near four-year peak against Dollar. AUD/USD is now knocking on the door of a critical resistance zone at 0.72. Firm break above Read more…
We revise our view of RBA policy: 25bp hikes in both March and May expected. Single hike still possible but not our base case. The RBA is now expected to hike rates 25bp in both Read more…
Key Highlights Ethereum remained in a range above the $1,850 support. A rising channel is forming with support at $1,865 on the daily chart of ETH/USD. Bitcoin price started a fresh recovery wave above $68,000 Read more…