Summary 8/5 – 8/9 – Action Forex

UK retail sales will be released on Friday, with the markets bracing for a decline of 0.4% m/m for March. This follows a respectable 1% gain in February. Annualized, the market estimate stands at 1.8%, following a 2.2% gain in February. Consumer confidence remains weak and the GfK consumer confidence index, which will be released…

Trump’s tariff announcement brought major volatility to the forex market this week, mainly sparking risk-off behavior thanks to bigger tariffs than expected and retaliation from U.S. trading partners.  Source link

The Japanese yen has posted gains on Thursday. In the North American session, USD/JPY is trading at 143.27 at the time of writing, down 0.33% on the day. The yen continues to pummel the US dollar and is up 1.9% this week. Since July 1, the yen has surged a massive 10.7%. Japan’s wage growth…

By Abhirup Roy LAS VEGAS (Reuters) – Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as a defense against tariffs promised by President-elect Donald Trump, according to industry executives at CES in Las Vegas. The auto industry has already experienced eight…

Last week, Revolut urged Meta Platforms to commit to reimbursing fraud victims, arguing that its recent data-sharing partnership with UK banks “falls woefully short of what’s required to tackle fraud globally.” According to Revolut’s Consumer Security and Financial Crime Report, Meta platforms remain the primary source of scams reported to the company, accounting for 62%…

Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! EURJPY short term forecast and technical analysis post is here. We do our analysis on the MetaTrader4 platform (MT4), some very interesting, useful tips and hacks about the MT4 platform could be found…