Tag: Action Forex
Euro Area Recovery in Question as PMIs Highlight Weakness
The Euro Area's economic recovery is facing uncertainty as recent Purchasing Managers' Index (PMI) data points to weaknesses in the region. While global equities...
Bank of England August Rate Cut Review: Action Forex Analysis
The Bank of England (BoE) has decided to keep the Bank Rate unchanged at 5.25% as expected. The vote split remained the same as...
GBP Volatility Ahead: Bank of England Verdict – Action Forex
GBP/USD
In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to...
AUDCAD Forecast: Bullish Momentum Continues – Action Forex
AUDCAD saw a strong rebound on Tuesday, surpassing the key resistance level of 0.9125. The pair is currently trading above a previous upward channel...
BoJ Minutes: Concerns Over Weak Yen Impact on Inflation
The recent minutes from the Bank of Japan's meeting on April 25-26 have shed light on the concerns surrounding the impact of the weak...
Brent Oil Price Surge Driven by Stock Market Demand – Analysis & Forecast
The price of Brent crude oil surged by 2% on Monday, leading to a moderate adjustment in the commodity market on Tuesday morning. Currently,...
Soft Retail Sales Impact on Fed Hawks’ Rhetoric – Actionable Insights for Traders
At the recent Fed meeting, Chairman Powell briefly mentioned consumer spending, but the focus was mainly on inflation and the Fed's dot plot. The...
New Zealand Dollar Decline: Forex Market Analysis and Strategies
The New Zealand dollar is facing pressure from the strong US dollar, following the Federal Reserve's updated forecasts last week. Stock market expectations suggest...
USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders
The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the...
EUR/USD Weekly Forecast: Key Analysis and Predictions
Last week, the Euro saw a significant decline indicating that the rebound from 1.0601 may have already ended as a correction to 1.0915. This...
Breaking Financial News
Amazon Prime Delivery Lawsuit: DC Attorney General Targets Excluded Neighborhoods
Amazon Prime Lawsuit: DC Attorney General Takes on Excluded NeighborhoodsIn a groundbreaking move, Washington, D.C.'s Attorney General Brian Schwalb has filed a lawsuit against...
