The focus for the markets this week will be on the FOMC meeting on Wednesday and the BOE meeting on Thursday. Both central banks are expected to high rates. Monday will be the funeral for Queen Elizabeth II. As a result, the UK will be on a bank holiday and the UK markets will be […]
The post Week Ahead: It’s all about the FOMC and the BOE appeared first on Action Forex.
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…