What is a managed account? Should you use it?

What is a managed account? Should you use it? There are many ways to invest in the financial markets; one is by using a managed account. Think of it as […]

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Dovish ECB Rate Cut Pressures Euro, Gold Breaks to Fresh Record

Posted 17 October 2024

Euro tumbled broadly after ECB’s decision to cut its deposit rate by 25bps, as widely expected. During the post-meeting press conference, President Christine Lagarde maintained a cautious tone, stressing that ECB is “not pre-committing to a particular rate path.” However, her overall stance leaned dovish, with a clear acknowledgment that “economic activity has been somewhat […]

The post Dovish ECB Rate Cut Pressures Euro, Gold Breaks to Fresh Record appeared first on Action Forex.

Aussie Bounces on Strong Employment Data, But Concerns Over China Keep Gains in Check

Posted 17 October 2024

Australian Dollar saw a modest rebound in the Asian session today, buoyed by much stronger-than-expected employment data. The Australian labor market continues to display resilience, with full-time jobs rising sharply, pushing the total over 10 million for the first time, while unemployment rate held steady at 4.1%. This robust labor market data has dashed any […]

The post Aussie Bounces on Strong Employment Data, But Concerns Over China Keep Gains in Check appeared first on Action Forex.