Summary 8/12 – 8/16 – Action Forex

Monday, Aug 12, 2024 Tuesday, Aug 13, 2024 Wednesday, Aug 14, 2024 Thursday, Aug 15, 2024 Friday, Aug 16, 2024
The post Summary 8/12 – 8/16 appeared first on Action Forex.

Monday, Aug 12, 2024 Tuesday, Aug 13, 2024 Wednesday, Aug 14, 2024 Thursday, Aug 15, 2024 Friday, Aug 16, 2024
The post Summary 8/12 – 8/16 appeared first on Action Forex.
The AUD/USD outlook shows a sharp rebound in the Australian dollar. The Reserve Bank of Australia stunned markets by keeping interest rates unchanged. Trump sent out tariff letters to some of the US’s major trading partners. The AUD/USD outlook shows a sharp rebound in the Australian dollar after a surprise pause by the RBA. Meanwhile,…
The unresolved geopolitical tensions from the weekend continue to exert significant influence on foreign exchange markets. The dollar’s attempted recovery has been unconvincing, and despite some justification for support given current market dynamics, the tendency to sell into rallies is expected to persist. This week is crucial due to several central bank decisions, with anticipated…
Royal Bank of Canada., (RY) operates as diversified financial service company worldwide. It operates through personal finance, commercial banking, wealth management & Insurance segments. It comes under Financial services sector & trades as “RY” ticker at NYSE. RY is trading at all time high & pullback in 3, 7 or 11 swings should provide buying…
Sun: Japanese Average Cash Earnings, Japanese Snap Election Mon: Swiss Consumer Confidence (Jan), Mexican Inflation (Jan), US Consumer Inflation Expectations (Jan), Australian Household Spending (Dec) Tue: EIA STEO; Norwegian prelim. CPI (Jan), US NFIB (Jan), Weekly ADP, ECI (Q4), Export/Import Prices (Dec) Wed: BoC Minutes (Jan), OPEC MOMR; ECB Wage Tracker (post-meeting); Chinese Inflation (Jan),…
Among the Nazis who were prosecuted during the Nuremberg trials in 1945 and 1946 was Hitler’s second-in-command, Hermann Göring. Less widely known, though, is the involvement of the US psychiatrist Douglas Kelley, who spent more than 80 hours interviewing and assessing Göring and 21 other Nazi officials prior to the trials. As described in Jack…
Markets: S&P 500 up 2.0% Russell 2000 up 3.8% US 10-year yields flat at 4.20% WTI crude up 19-cents to $63.48 Gold up $183 to $4953 Bitcoin up $6850 to $69,957 AUD leads, JPY lags What a week. There was no whimper at the end of it either as Friday’s trading was hugely volatile but…