Tag: Economic indicators
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...
US Trade Deficit Widens as Goods Exports and Imports Increase Year-Over-Year
The US trade deficit has widened as both goods exports and imports increased year-over-year. In June, goods exports rose by 5.7% to reach $172.32...
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...
Eco Data Analysis and Forecasting – Action Forex
The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for...
EUR/JPY Forecast: Plunges to 5-Week Low on BoJ Rate Hike Signals
EUR/JPY experienced a significant drop of almost 1% on Tuesday due to the strengthening of the yen following hawkish discussions that suggest the Bank...
AUDUSD Price Analysis: Breaks Below Key Support at 0.6690 – Action Forex
AUDUSD has been on a downward trend since July 15, with the bears breaking through the key support level of 0.6690. The pair is...
Forex Trading vs. Futures Trading: Key Differences and Comparison
Entering the world of financial markets, investors often find themselves choosing between Forex and Futures trading. Both options have their own advantages and risks,...
Chicago Fed Report: Economic Growth Decline in June
The Chicago Federal Reserve's National Activity Index (CFNAI) is a key indicator of economic activity and inflationary pressure, based on 85 monthly indicators. In...
US Economic Data Preview: GDP and PCE Inflation Ahead of July FOMC
The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of...