The new week will be packed with economic data and decisions from key central banks. On Monday, US retail sales for February are expected to show a rebound after a disappointing January. Early on Wednesday, the Bank of Japan’s key interest rate will be in focus. The consensus forecast is for it to remain at […]
The post What Next: BoJ, Fed, SNB & BoE Rates appeared first on Action Forex.
A Federal Reserve meeting generates lots of scrutiny before a decision announced. The scrutiny usually revolves around some core questions such as: Will the central bank cuts its key interest rate?How does the central bank Read more…
Key Highlights EUR/USD started a fresh increase above the 1.0800 resistance. It traded below a short-term bullish trend line with support at 1.0880 on the 4-hour chart. GBP/USD is consolidating gains above the 1.2800 resistance Read more…
China’s economy got off to a stronger-than-expected start in the first two months of the year. Industrial production grew 5.9% yoy, beating market expectations of 5.3% yoy. Retail sales also exceeded forecasts, rising 4.0% yoy Read more…