The bad news is that the US economy slowed for the second consecutive quarter in 2022, entering a technical recession. That’s two consecutive quarters of gross domestic product (GDP) contraction. However, the good news is a slowing economy may be what the US needs to win its fight against inflation. As the US economy reopens […]
The post How is a Slowdown in US Economy a Good Thing? appeared first on Action Forex.
EUR/CHF dived sharply to as low as 0.9204 last week after breaking out of consolidations. But it rebounded strongly after brief breach of 0.9209 low. Initial bias is turned neutral again this week. Some more Read more…
Euro stole the limelight last week with a steep selloff triggered by poor activity data. This downturn has intensified the pressing need for the ECB to ease monetary policy swiftly back to neutral levels. While Read more…
Despite offering only one EV in its U.S. lineup, Japanese mobility giant Honda spent 2024 beefing up its poker hand and amping up its electric game. During the Consumer Electronics Show in Las Vegas in Read more…