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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Dollar’s Conundrum: Bullish Factors Met with Lackluster Gains

Posted 23 September 2023

Despite a confluence of favorable conditions that are typically Dollar bullish — a decidedly hawkish Federal Reserve, plummeting stocks, and soaring yields — the greenback’s response was unexpectedly tepid last week. While it managed to gain ground against European majors and Yen, it faltered when squared against the robust commodity currencies. Dollar Index, a measure […]

The post Dollar’s Conundrum: Bullish Factors Met with Lackluster Gains appeared first on Action Forex.

Japanese Yen Forecast: BoJ's Dovishness Puts USD/JPY Channel Breakout in Play

Posted 23 September 2023

USD/JPY rallies heading into the weekend following Bank of Japan’s dovish monetary policy announcement. As prices approach channel resistance, the pair's reaction could offer key insight into the near-term outlook.

Euro Forecast: EUR/USD on Breakdown Watch, EUR/GBP Stuck in No Man’s Land For Now

Posted 23 September 2023

This article offers an in-depth analysis of EUR/USD and EUR/GBP from a fundamental and technical standpoint, exploring pivotal factors likely to influence price movements in upcoming trading sessions