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Follow the latest analyses and key economic, financial, and global market news in this section. Our team reviews the most important market events daily and provides comprehensive insights for traders and enthusiasts.

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EUR/USD Holds Steady Amid Tense External Backdrop

The EUR/USD pair held its ground around 1.1726 on Friday. While volatility in the currency market has picked up significantly, the immediate economic impact of the US government shutdown remains limited. Nonetheless, the political deadlock is fuelling broader concerns over policy uncertainty, persistent inflation risks, and a weakening US labour market. Adding to the tense […]

The post EUR/USD Holds Steady Amid Tense External Backdrop appeared first on Action Forex.

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Eurozone PPI down -0.3% mom, -0.6% yoy, energy drag while regional divergence widens

Eurozone producer prices fell by -0.3% mom and -0.6% yoy in August, weaker than expectations of flat monthly growth and a smaller -0.4% yoy decline. The drop underscores the continued disinflationary forces in the pipeline, particularly as energy prices remain soft. Breaking down the Eurozone data, prices fell -1.3% mom for energy and -0.1% for […]

The post Eurozone PPI down -0.3% mom, -0.6% yoy, energy drag while regional divergence widens appeared first on Action Forex.

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USD/CHF consolidates above 0.7950 after rejection at 0.8000

The US Dollar was rejected again at the 0.8000 psychological level against the Swiss Franc, and is trading lower on Friday, weighed by a moderate risk appetite.

Read More USD/CHF consolidates above 0.7950 after rejection at 0.8000
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UK PMI suggests summer bounce a flash in the pan, supports BoE dovish shift

UK business activity slowed sharply in September, with the final Services PMI dropping to 50.8 from August’s 16-month high of 54.2, marking a five-month low. The Composite PMI mirrored the downturn, slipping to 50.1 from 53.5, also a five-month trough. Tim Moore, Economics Director at S&P Global Market Intelligence, said service providers saw a “disappointing […]

The post UK PMI suggests summer bounce a flash in the pan, supports BoE dovish shift appeared first on Action Forex.

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Eurozone PMI signals 0.4% Q3 GDP growth, backs ECB hold

Eurozone services activity strengthened in September, with PMI Services finalized at 51.3, up from 50.5 in August and marking an eight-month high. Composite PMI also edged higher to 51.2, the best in 16 months. Country breakdowns in Composite highlighted broad-based improvement. Spain led with a 53.8 reading, while Germany and Ireland both came in at […]

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Hitachi shares soar over 10% on partnership with OpenAI

Japanese conglomerate Hitachi rose over 8% after it announced a partnership with OpenAI.

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Italy Public Deficit/GDP dipped from previous 8.5% to 2% in 2Q

Italy Public Deficit/GDP dipped from previous 8.5% to 2% in 2Q

Read More Italy Public Deficit/GDP dipped from previous 8.5% to 2% in 2Q
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Eurozone Producer Price Index (YoY) came in at -0.6% below forecasts (-0.4%) in August

Eurozone Producer Price Index (YoY) came in at -0.6% below forecasts (-0.4%) in August

Read More Eurozone Producer Price Index (YoY) came in at -0.6% below forecasts (-0.4%) in August
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Eurozone Producer Price Index (YoY) came in at -0.6% below forecasts (-0.4%) in August

Eurozone Producer Price Index (YoY) came in at -0.6% below forecasts (-0.4%) in August

Read More Eurozone Producer Price Index (YoY) came in at -0.6% below forecasts (-0.4%) in August
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Eurozone Producer Price Index (MoM) below expectations (-0.1%) in August: Actual (-0.3%)

Eurozone Producer Price Index (MoM) below expectations (-0.1%) in August: Actual (-0.3%)

Read More Eurozone Producer Price Index (MoM) below expectations (-0.1%) in August: Actual (-0.3%)

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