The dollar is under pressure due to threats to the Fed’s independence. The yen has weakened due to the government’s political adventurism. What is happening now is reminiscent of the hysteria that followed America’s Liberation Day. Take a deep breath, exhale, and let events unfold. This is how Scott Bessent tried to calm the financial […]
The post To Sell America is Great Again appeared first on ActionForex.
Key Highlights GBP/USD started a recovery wave above 1.3380. A major bearish trend line is forming with resistance at 1.3450 on the 4-hour chart. Crude oil prices saw heavy swing moves above the $80.00 pivot Read more…
Aussie’s broad-based strength continues today as markets further strengthened expectations that the RBA will deliver two consecutive rate hikes in the coming months. Investors are increasingly convinced that the RBA will raise the cash rate Read more…
While the often-repeated statistic that only one percent of New York City restaurants survive a year after opening is a long-running urban legend (the actual number is closer to 20%), the market in the city Read more…