Tag: Economic indicators
USD/JPY Breaks Through 160.00 Barrier to Hit New Multi-Decade Highs
The USD/JPY pair surged to a new multi-decade high above the 160 level on Wednesday, signaling a strong bullish momentum in the market. Despite...
US Equities Surge to Close on Highs as Bulls Rally | Forexlive
The US stock market had a rocky start today, with equities falling early in the day. However, a late surge in buying activity, particularly...
Gold Prices Decline as Strong US Yields Boost US Dollar
Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming...
USD/CNH Forecast: Potential Break Above 7.3000 to Reach 7.3100 – UOB Group
The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...
Tokyo CPI Impact on July BoJ Meeting – Action Forex
The Bank of Japan (BoJ) meeting minutes suggest that a rate hike in July is still on the table. Despite keeping interest rates unchanged...
Preparing for a Canadian Recession: Expert Strategies for Success
Foreign exchange trading is a risky venture that may not be suitable for all investors. It involves leverage, which can increase the level of...
Gold Price Drops to One-Week Low as Fed Turns Hawkish, US Data in Focus
Gold price has been on a downward trend for the past two days, hitting a one-week low during the Asian session on Wednesday. This...
EUR/USD Forecast: Latest Analysis and Updates – Action Forex
EUR/USD is currently in a consolidation phase after reaching 1.0667, and the short-term bias is neutral. The resistance level at 1.0760 is expected to...
Weekly USD Analysis: US Dollar Index and Euro to Dollar Forecast – Action Forex
This week, the focus will be on speeches by Fed officials, with five out of eight scheduled appearances featuring hawkish members. This could push...
Analyzing BOC’s Macklem Q&A: Labor Force Weakening Revealed
Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially when...
Breaking Financial News
Top 9 Questions for Upcoming Financial Earnings Report
**Top 9 Questions for Upcoming Financial Earnings Report**In a highly anticipated event, Wall Street's prominent financial giants, including Wells Fargo, Goldman Sachs, and BlackRock,...
