Colombia National Jobless Rate down to 8.8% in April from previous 9.6%
Colombia National Jobless Rate down to 8.8% in April from previous 9.6%
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Australian Dollar Dips on Soft Retail Sales, US Court Reinstates Tariffs
The Australian dollar is in negative territory on Friday. In the European session, AUD/USD is trading at 0.6415, down 0.42% on the day. Australian retail sales show unexpected decline Australia’s retail sales contracted in April by 0.1% m/m, missing the market estimate of 0.3%, which was also the March reading. This was the first decline […]
The post Australian Dollar Dips on Soft Retail Sales, US Court Reinstates Tariffs appeared first on Action Forex.
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AUDJPY Finds Intraday Sellers at Equal Legs Area
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of AUDJPY forex pair published in members area of the website. The pair has recently given us a 3 waves bounce that completed precisely at the equal legs area as we expected. In the following text, we’ll explain the […]
The post AUDJPY Finds Intraday Sellers at Equal Legs Area appeared first on Action Forex.
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EURUSD Elliott Wave : Forecasting the Rally From the Equal Legs Area
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of EURUSD forex pair published in members area of the website. As our members know, we are long in the pair, as explained in our previous technical article . The pair has recently given us pull back against the […]
The post EURUSD Elliott Wave : Forecasting the Rally From the Equal Legs Area appeared first on Action Forex.
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EURUSD Elliott Wave : Forecasting the Rally From the Equal Legs Area
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of EURUSD forex pair published in members area of the website. As our members know, we are long in the pair, as explained in our previous technical article . The pair has recently given us pull back against the […]
The post EURUSD Elliott Wave : Forecasting the Rally From the Equal Legs Area appeared first on Action Forex.
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Why Lagarde’s euro ambition could be a threat to King DollarUncertainty over the dollar’s dominance could “open the door for the euro to play a greater international role,” according to ECB President Christine Lagarde.
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Dollar Completes Rebound, Returning to Long-Term Decline
The US dollar reinforced the importance of support, bouncing early in the week from levels near 98.7. The dollar has been bought out of this area for the past seven weeks, preventing the dollar from rewriting three-year lows. The dollar was oversold, and we regarded the rise as a technical bounce. The 50-day moving average […]
The post Dollar Completes Rebound, Returning to Long-Term Decline appeared first on Action Forex.
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ECB’s Panetta signals diminished room for further rate cuts
Italian ECB Governing Council member Fabio Panetta said today that while the central bank has made meaningful progress in easing monetary policy, bringing the deposit rate down from 4% to 2.25%, “the room for further rate cuts has naturally diminished”. “However, the economic outlook remains weak, and trade tensions could lead to a deterioration,” he […]
The post ECB’s Panetta signals diminished room for further rate cuts appeared first on Action Forex.
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China calls out Trump for ‘abuse’ of semiconductor export controlsThe U.S. has limited exports of some chips and chip technology to China as part of a national defense strategy dating back to the first Trump administration
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Republicans’ plan for student loans would mean ‘indentured servitude,’ college expert saysStudents who borrow federal loans for their education could be in repayment for up to 30 years under the House Republicans’ new legislative package.
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