Euro’s Response to Falling Investor Confidence – Action Forex
The euro is not moving much today. It is currently trading at 1.0819 against the US dollar, which is a slight increase of 0.05%.
Investor...
AUDUSD Traders Testing Close Support, More Work Needed for Breakout
AUDUSD traders are currently testing close support levels between 0.67278 and 0.6738. Despite some fluctuations, the price has managed to stay above the lower...
Powell Speech: Live Updates as Fed Chairman Responds to Lawmakers’ Questions
Jerome Powell, Chairman of the US Federal Reserve (Fed), recently delivered the Semi-Annual Monetary Policy Report and responded to questions from the Senate Banking...
GBPUSD Surges Towards 2024 Highs – Latest Forex Analysis
GBPUSD has been showing signs of strength as it bounces back from its 50-day SMA, reaching its highest level since June 12. Momentum indicators...
Crude Oil Technical Analysis: Impact of Weak US NFP Report on Sentiment | Forexlive
Crude oil has been performing well in the market since hitting a low point in early June. Factors like OPEC's extension of output cuts,...
EUR/JPY Price Analysis: Holding Steady at 174.50 Amid Overbought Condition
EUR/JPY is currently trading around 174.30, putting a stop to its three-day decline. The daily chart analysis reveals a rising wedge pattern, which suggests...
Bank of England’s Approach to U.K. Growth and Inflation: Analysis and Outlook
The U.K. economy has shown signs of improvement in the first half of 2024, with GDP growth picking up and consumer outlook improving. Despite...
Japanese Stocks Surge to Record High Following Wall Street Rally
Japanese stocks surged to a record high following a rally on Wall Street. The Nikkei 225 daily index, although the Topix may be more...
Understanding the NISA Program and its Impact on Japanese Yen Depreciation
The Japanese Yen (JPY) faced challenges in the foreign exchange (FX) markets due to Japanese individuals making overseas asset purchases through the Nippon Individual...
Iranian Warship Capsized at Port: Exclusive Images and Details
Images shared on social media show the Iranian Navy's "Sahand" destroyer capsized at Bandar Abbas port in the Strait of Hormuz. This incident comes...