Tag: Economic indicators
Predicting the Long-Term Dollar Decline: A Comprehensive Analysis
The recent decline in the dollar index has raised concerns about the long-term outlook for the US currency. Despite initial optimism surrounding Trump's economic...
USD/CAD Forecast: Daily Analysis and Updates – Action Forex
The USD/CAD pair has shown some interesting movements recently, with a break of the 1.3652 resistance level indicating a possible short-term bottom at 1.3588....
Switzerland June Producer and Import Prices Hold Steady at 0.0% m/m
Switzerland's producer and import prices in June remained steady at 0.0% month-on-month. This stability indicates that there was no increase or decrease in prices...
USD/CHF Weekly Forecast: Latest Analysis and Trends – Action Forex
The USD/CHF pair experienced a decline from 0.9049 last week, despite a temporary recovery. It was anticipated that the bounce back from 8825 would...
MLF Day in China: People’s Bank of China Not Expected to Cut Rates |...
The People's Bank of China announced on the 15th of this month that the Medium-term Lending Facility (MLF) rate will remain at 2.5%. This...
GBP/USD Forecast: Weekly Analysis and Predictions
The GBP/USD pair saw a significant breakthrough last week, surpassing the 1.2859 resistance level and confirming a continuation of the rally that began at...
Forexlive Weekly Market Outlook: July 15-19 Analysis & Predictions
The upcoming events in the market for the week of July 15-19 are as follows:On Monday, we have various events including the New Zealand...
USD/JPY Weekly Forecast: Latest Analysis and Trends
The USD/JPY pair experienced a significant drop last week, indicating a short-term peak at 161.94. The presence of bearish divergence in the D MACD...
Weekly EUR/USD Forecast: Latest Analysis and Updates – Action Forex
EUR/USD saw a strong rally last week, reaching a high of 1.0910. The current bias is still leaning towards the upside for the coming...
U.S. Inflation Cooling: Weekly Bottom Line Analysis – Action Forex
In the United States, inflation has decreased more than expected in June, increasing the likelihood of a rate cut in September. This news comes...