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.
EUR/CHF continued to gyrate inside established range last week and outlook is unchanged. Initial bias remains neutral this week first. Rise from 0.9218 might continue, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204. On the upside, above 0.9419 will target 0.9445 resistance and above. Nevertheless, on […]
The post EUR/CHF Weekly Outlook appeared first on Action Forex.
Week in Review: Trump Taco, USD indecision and RBNZ Rate decision This week was once again filled with tradable action in markets. The week started off with closed US and UK markets, a broadly positive sentiment taking global indices higher in the beginning of the week with the Nikkei 225 leading the charge. The US […]
The post Week Ahead: May NFP, Bank of Canada and ECB Rate Decisions appeared first on Action Forex.
Canadian Highlights A U.S. court decision to block U.S. IEEPA tariffs could be a win for Canadian manufacturers if it’s upheld. Still, the U.S. has other legal means to impose tariffs on Canada, and sector-specific ones remain in place. Canadian GDP advanced at a reasonably firm 2.2% pace in Q1. However, domestic demand flatlined, reinforcing […]
The post The Weekly Bottom Line: President Trump, the King, and the BoC appeared first on Action Forex.
Monday, Jun 2, 2025 Tuesday, Jun 3, 2025 Wednesday, Jun 4, 2025 Thursday, Jun 5, 2025 Friday, Jun 6, 2025
The post Summary 6/2 – 6/6 appeared first on Action Forex.
Canada’s GDP grew by 0.1% mom in March, in line with market expectations. Strength in goods-producing industries continued to support overall output. The sector expanded by 0.2%, marking its second lead contribution in the past three months. Services-producing industries also edged higher by 0.1%. In total, 9 out of 20 sectors posted growth. Looking ahead, […]
The post Canada GDP expands 0.1% mom in March, another 0.1% mom in April appeared first on Action Forex.