Tag: Economic indicators

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Technical Analysis of Major Currency Pairs for the Upcoming Trading Week

Foreign exchange trading can be a risky venture, not suitable for all investors. It's important to be aware of the risks involved, especially with...
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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...
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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...
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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...
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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...
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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...
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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...
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EUR/USD Forecast: Mid-Day Analysis and Outlook – Action Forex

The EUR/USD pair continues to show a downward bias during mid-day trading, with the fall from the short-term top of 1.0947 expected to reach...
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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...
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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...

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X’s New Terms of Service Causing Users to Leave Elon Musk’s...

Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...