The Weekly Bottom Line: Big Events Next Week Drive Markets
U.S. Highlights Without much noteworthy economic data this week, market sentiment soured on a leaked Biden administration proposal to raise the maximum tax rate on capital gains of high-income taxpayers. First quarter GDP data and a rate announcement from the...
Week Ahead: Central Banks, Coronavirus, Joe Biden and Big Tech Earnings
Heading into the end of April, central banks and earnings will give direction to the markets. The ECB held its ground last week while the BOC chose to taper bond purchases from C$4 billion per week to C$3 billion per...
Week Ahead – Fed to Stay the Course, Huge Earnings Week for Big-Tech, and OPEC+ Meets
Wall Street could see more volatility during a very busy trading week that is filled with a wrath of central bank decisions, surging international COVID-19 cases, solid economic data, effects of stimulus working its way through the economy, and pent-up...
FOMC Preview: More Wait and See
The March FOMC meeting was highly anticipated. Bonds yields around the world were rising, as were inflation expectations. However, Fed Chairman Jerome Powell had indicated at the meeting that the rise in yields was due to confidence in the US...
BoJ to Lower Inflation, Raise Growth Projections; Yen Likely to be Unmoved
The Bank of Japan (BoJ) announces the outcome of its April monetary policy meeting on Tuesday and will also publish its latest Outlook Report. Japan is facing a fourth wave of the coronavirus, threatening new state of emergencies being declared...
US Stock Market Declined Because Of The Reports Of Biden’s Plans To Raise Taxes For The Wealthy People
On Thursday, the American stock market decreased by an average of 1% after the reports of US President Joe Biden’s plans to a capital gains tax from 20% to 39.6%. Last week, the number of initial jobless claims decreased by...
A Panoramic View of the US Economy and Dollar in 10 Charts
The pandemic inflicted a lot of damage on the US economy, but thankfully, the worst has passed. It turns out that when Congress and the Federal Reserve join forces to fight a crisis, the stimulus response is so overwhelming that...
US Open: Stocks Point to Quiet Start, Jobless Claims Beat
After strong gains in the previous session, Wall Street stocks are pointing to a muted open. Jobless claim unexpectedly fall and oil extends losses. US futures Dow futures -0.04% at 34112 S&P futures -0.1% at 4170 Nasdaq futures -0.24% at...
Fed Monitor: Too Early for the Outcome-Based Fed to Change Rhetoric
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward. Contact...
AUD Higher as Retail Sales Outperforms
The Australian dollar has posted gains in North American trading. AUD/USD is currently trading at 0.7754, up 0.34% on the day. On Tuesday, the pair pushed above the 0.7800 level for the first time since March 18th, but was unable to...
Signal2forex.com - Best Forex robots and signals




