Tag: Economic indicators
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...
European Economic Calendar: What to Expect in Today’s Trading Session
It's been a rather uneventful summer for the markets lately, with this week starting off on a quiet note that is typical for this...
July FOMC Blackout Period: Flashlight Tips for Traders – Action Forex
Congress has given the Federal Reserve a dual mandate to focus on "maximum employment" and "price stability." In recent years, the focus has been...
EUR/USD Weekly Forecast: Analysis and Predictions for Traders
Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a...
Weekly Economic Calendar: US PCE, BoC, PBoC LPR, PMI’s, and Tokyo CPI | Forexlive
The upcoming week is packed with important economic events that could impact global markets. Here's a breakdown of some key events to keep an...