Tag: Analysis
EUR/USD Consolidates Ahead of US Core PCE Inflation Data
EUR/USD is currently in a consolidation phase as investors await the release of the US core PCE Price Index for June. The annual US...
USD/JPY Volatility Remains in Focus Post-Bounce | Forexlive
The USD/JPY pair experienced some volatility recently, with the low touching 151.93 before bouncing back. Although it did not reach the 200-day moving average...
Potential Impact of Trump Administration on Oil Market: Citi’s Analysis
The recent Citi report on politics and oil suggests that the Trump administration could have a significant impact on the oil market. According to...
USDJPY Hits Lowest Level Since May 16 | ForexLive Trading Update
The USDJPY currency pair has been on a downward trend and has reached its lowest point since May 16. This decline has caused the...
Google Stock Valuation Analysis: Is It Overvalued?
Alphabet, the parent company of Google, exceeded earnings expectations for the second fiscal quarter. This was mainly due to the strong performance in the...
Japan Flash PMIs July 2021: Manufacturing 49.2, Services 53.9 – Forexlive
Foreign exchange trading is a risky business that may not be suitable for everyone. It's important to be aware of the risks involved, especially...
European Economic Calendar: What to Expect in Today’s Trading Session
It's been a rather uneventful summer for the markets lately, with this week starting off on a quiet note that is typical for this...
AUDCAD Uptrend Analysis and Forecast – Action Forex
AUDCAD saw a bounce today from just above the 0.9270 support level, which indicates positive momentum. The pair has been consistently forming higher highs...
Fed’s Goolsbee Optimistic About Continued CPI Improvement
Federal Reserve official, Austan Goolsbee, expressed optimism about the continuous improvement in the Consumer Price Index (CPI). He noted that inflation has significantly decreased...
Italy June Final CPI Unchanged at +0.8% Year-on-Year According to Forexlive
Foreign exchange trading is a risky business that may not be suitable for everyone. It involves leverage, which can increase the level of risk...