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In a speech overnight, Fed Chair Jerome Powell pointed to substantial changes underway, by US administration, in trade, immigration, fiscal policy, and regulation—all of which are still “evolving” and difficult to assess in terms of economic impact. In particular, Powell acknowledged that the scale of tariff increases already announced is “significantly larger than anticipated,” and […]

The post Fed’s Powell warns of dual-mandate tensions ahead appeared first on Action Forex.

China will announce an expansion plan for its service sector on Monday.

It’ll be at a press conference attended by officals from the Ministry of Commerce, Ministry of Industry and Information Technology, and the People’s Bank of China.

Chinese equities have steadied today ahead of this.

This article was written by Eamonn Sheridan at www.forexlive.com.

Inflation was slightly stronger than expected in the March quarter. Prices were up 0.9% over the quarter and 2.5% over the past year. However, underlying inflation pressures remain well contained. Consumers Price Index, March quarter 2025 – key stats Headline inflation Quarterly change: +0.9% (prev: +0.5%) Westpac forecast: +0.8%, RBNZ (February MPS): +0.8% Market median: […]

The post First Impressions: NZ Consumers Price Index, March Quarter 2025 appeared first on Action Forex.

Fundamental Analysis On Tuesday, April 15, 2025, the US dollar extended its weakness against the euro due to several key factors. President Trump’s unpredictable trade policies, including new tariffs on Chinese tech products, created uncertainty in global markets and weakened confidence in the dollar as a haven. Additionally, European rating agency Scope warned of a […]

The post EURUSD Outlook: Why the Dollar Keeps Falling? appeared first on Action Forex.

Key Developments Nvidia warned of a $5.5B charge due to U.S. export restrictions on its H20 GPUs to China. The U.S. now requires special licenses to export advanced chips. This triggered a global tech sell-off: Nvidia -5%, AMD -6%, Micron -3.5%, ASML -4.3% Broader tech names like Meta, Alphabet, Microsoft, and Tesla also declined. U.S.-China […]

The post US100: Bearish Continuation Scenario appeared first on Action Forex.