Key insights from the week that was. 50bp rate hikes were seen in Australia and the UK this week, with both central banks also signalling that additional tightening is likely to be required in the months ahead. However, the economic situation faced by these two nations differs greatly, as do the risks. In explaining their […]
The post Cliff Notes: Disparate Consequences of Global Fight Against Inflation appeared first on Action Forex.
Daily Pivots: (S1) 1.3202; (P) 1.3259; (R1) 1.3363; More… GBP/USD’s correction from 1.3442 might have completed at 1.3138 already. Intraday bias is back on the upside. Decisive break of 1.3433/42 key resistance zone will confirm Read more…
Once a retail chain has been around for long enough, people tend to think of it as a constant in their everyday environment. Take Sears, a department store founded in 1893 that was in every Read more…
Daily Pivots: (S1) 1.1114; (P) 1.1155; (R1) 1.1225; More… Intraday bias in EUR/USD stays neutral at this point. On the upside, break of 1.1292 resistance will argue that correction from 1.1572 has completed after defending Read more…