Over the next few hours we have members of ECB, BOE and the Fed speaking. Separately, USD/JPY is hinting that a swing low could be approaching. Asian Indices: Australia’s ASX 200 index rose by 50.2 points (0.67%) and currently trades at 7,514.50 Japan’s Nikkei 225 index has risen by 338.3 points (0.97%) and currently trades […]
The post European Open: Several Central Bankers Scheduled, USD/JPY in Focus appeared first on Action Forex.
Key Highlights GBP/USD started an upside correction from the 1.2500 support. It cleared a key contracting triangle with resistance at 1.2600 on the 4-hour chart. Bitcoin tested the $91,000 zone before the bulls appeared. USD/JPY Read more…
Businesses remain very upbeat about the year ahead. There are also some signs that current conditions are gradually improving. Key results (November 2024) Business confidence: 64.9 (Prev: 65.7) Expectations for own trading activity: 48.0 (Prev: Read more…
New Zealand’s ANZ Business Confidence dipped marginally in November, falling from 65.7 to 64.9, but it remains at what ANZ describes as an “impressive high” level. Own Activity Outlook, a key forward indicator, rose to Read more…