Tag: Economic indicators
Gold Price Outlook: Rising Amid Weak US Dollar Ahead of Fed Meeting
Gold prices have been making significant moves recently, bouncing back from daily lows and currently standing at $2,385. This increase comes amid a weakening...
Navigating the Challenge of Stubborn Services Inflation
The European Central Bank (ECB) is facing challenges in dealing with stubborn services inflation, according to Executive Board member Isabel Schnabel. She mentioned that...
Fed’s Preferred Measure of Inflation in Focus for Investors | Forexlive
The focus for investors today is on the US core PCE price index, a key inflation indicator. The broader markets are hoping for a...
Tokyo CPI Core Rises While Core-Core Falls: BoJ Rate Hike Uncertainty – Action Forex
Japan's Tokyo consumer price index (CPI) core, excluding food, rose slightly from 2.1% year-on-year to 2.2% year-on-year in July, meeting market forecasts. This is...
USD/JPY Price Analysis: Recovery and Consolidation at 154.00
The USD/JPY pair managed to recover from its daily low of 151.94 and ended Thursday's session unchanged at 153.93. This recovery was supported by...
EUR/USD Daily Forecast: Expert Analysis and Predictions for Forex Traders
The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from...
EUR/USD Rebounds as Eurozone PMI Data Disappoints – Action Forex
The euro initially dropped on Wednesday but has since bounced back. In the current North American trading session, EUR/USD is at 1.0860, showing a...
Nasdaq Suffers Worst Trading Day Since November 2, 2022 | Forexlive
Foreign exchange trading is known to carry a high level of risk, which may not be suitable for all investors. It is essential to...
Forex Market Analysis: EUR/USD and USD/CHF Trends – Action Forex
EUR/USD and USD/CHF Trends AnalysisIn the world of forex trading, the EUR/USD and USD/CHF pairs have been making significant movements. Let's take a closer...
Eurostoxx Futures Drop 0.5% in Early European Trading
Foreign exchange trading is a high-risk activity that may not be suitable for all investors. It is important to understand the risks involved, especially...