US ADP Employment Miss at 44k Growth Slows Sharply, But Wage Growth Stays Firm

Market Overview The crypto market capitalisation has risen to $2.22T, returning to the levels seen at its two-week highs. Since the start of August, the balance of power has shifted in favour of buyers, but the pace of this recovery is significantly slower than that of the similar rally seen in early July. This suggests […] The post Bitcoin Consolidates Around $65K, Setting Its Sights on $70K appeared first on ActionForex.

The USD index plummeted amid a decline in US employment. Gold is benefiting from the Fed’s reluctance to raise interest rates. The US dollar touched a seven-week low after an unexpected labour market report. Employment in July unexpectedly fell by 23K. The figures for May were revised down from 129K to 63K, and those for […] The post The Dollar Let the Labour Market Down appeared first on ActionForex.

GBP/USD enters the week of 10–14 August near 1.3500 – its highest level since 15 July. Sterling is building on the momentum from a sharp decline in the dollar following a weak US labour market report, which reduced expectations of a Federal Reserve rate hike in September. Further support has come from the drop in […] The post GBP/USD Starts the Week on a Strong Footing appeared first on ActionForex.

USD/JPY finds itself at the center of one of the most dramatic currency stories this summer. Having weakened to a four-decade low near ¥164, the yen was pulled back sharply after Japan and the US carried out a coordinated intervention, with Tokyo reportedly spending around $34 billion in a single session to defend its currency. […] The post USD/JPY: Was Intervention Enough to Change the Trend? appeared first on ActionForex.

Eurozone investor confidence improved for a fourth straight month in August, reinforcing signs that sentiment is recovering alongside firmer economic data. Sentix Overall Index rose from -3.1 to 0.9, beating expectations of -1.3 and reaching highest level since February. Current Situation improved from -14.8 to -8.0, while Expectations edged up from 9.3 to 10.3. Sentix […] The post Eurozone Sentix Confidence Turns Positive, but Inflation Concerns Return appeared first on ActionForex.

The pair gained momentum following the release of the US labour market report for July 2026 on 7 August. Non-farm employment fell by 23,000 jobs, compared with a forecast for an increase of 80,000 jobs among economists surveyed by Reuters. Employment data for May and June were also revised downwards, according to the Bureau of […] The post GBP/USD Analysis: Weak US Labour Market Data Pushes the Pair Higher appeared first on ActionForex.

Key Highlights EUR/USD started a fresh increase above the 1.1520 resistance. A contracting triangle is forming with resistance at 1.1600 on the 4-hour chart. GBP/USD could gain pace if it clears the 1.3550 resistance. Gold prices climbed higher above $4,350 and might continue to rise. EUR/USD Technical Analysis The Euro formed a base above 1.1380 […] The post EUR/USD Strengthens Further as Buyers Press Their Advantage appeared first on ActionForex.

The RBA's Tuesday hold is a formality - what matters for AUD/CAD is whether its tightening bias survives, and the setup is asymmetric: preserving it offers limited support, while confirming the cycle has ended could trigger a deeper correction. The post AUD/CAD Risks Deeper Correction if RBA Tightening Bias Doesn’t Survive appeared first on ActionForex.

BoJ’s Summary of Opinions from July 30–31 meeting points to an important shift in policy thinking: debate is moving away from how to lift underlying inflation toward 2% and increasingly toward how to stop it from overshooting. One opinion captured change explicitly, saying focus of monetary policy has shifted from “lifting underlying CPI inflation to […] The post BoJ Opinions: Inflation Mission Changed to Preventing Inflation Overshoot appeared first on ActionForex.

China’s consumer inflation slowed more than expected in July, but underlying breakdown was less uniformly weak than headline suggested. CPI eased from 1.0% to 0.5% y/y, below 0.8% consensus, while monthly CPI improved from -0.3% m/m to -0.1%, still missing expectations for a 0.2% increase. Food prices fell -1.5% y/y, while non-food inflation stood at […] The post China Inflation Misses at 0.5% in July as Goods Prices Weaken, Services Hold Up appeared first on ActionForex.

The Dow Jones Index reached new record highs last week as strong company earnings and continued buying of AI-related stocks lifted market confidence. Reports that the Strait of Hormuz could reopen also helped improve sentiment and pushed oil prices lower. Gold moved sharply higher after U.S. employment data showed employers cut 23,000 jobs in July, […] The post USD/JPY in Focus After U.S.-Japan Intervention appeared first on ActionForex.

Knowing how to trade the Consumer Price Index (CPI), one of the most important measures for inflation, is an essential skill for all types of traders, no matter their level of expertise. The CPI report has the power to shape central bank monetary policies and can send ripples through international markets. This comprehensive guide offers […] The post How to Trade CPI Inflation Data: USDjpy & Gold Trading Strategies appeared first on ActionForex.