Tag: Economic outlook

news-27062024-073617

Gold Price Forecast: Insights from ABN AMRO Analysts

Gold prices have experienced a significant increase earlier this year, reaching a high of $2,450 in May 2024. However, since then, the momentum has...
news-24062024-121405

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...
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Top Stock Picks Recommended by Wall Street Analysts for Long-Term Investment Success

The U.S. stock market is being influenced by the Federal Reserve's decision on interest rates and the ongoing artificial intelligence trend. Wall Street analysts...
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Gold price drops due to firm US yields and strong USD following solid US...

Gold prices took a hit on Friday, dropping more than 1.70% as economic data from the United States led investors to rethink the possibility...
news-21062024-154411

BoE August Rate Cut Increases, EUR/GBP Recovery Delayed

Thursday's statement from the Bank of England (BoE) indicates that there may be an interest rate cut coming soon, according to ING's FX Strategist...
news-21062024-134226

Euro Area Recovery in Question as PMIs Highlight Weakness

The Euro Area's economic recovery is facing uncertainty as recent Purchasing Managers' Index (PMI) data points to weaknesses in the region. While global equities...
news-21062024-114027

USD/NOK Rises as Norges Bank Maintains Hawkish Stance

The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...
news-21062024-074201

US PCE Inflation in Focus: Week Ahead Agenda – Action Forex

The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
news-21062024-014103

Eurozone PMI: Manufacturing Drops to 45.6, Services to 52.6 – Market Update

Eurozone's Purchasing Managers' Index (PMI) data for the month of June has raised concerns as both the Manufacturing and Services sectors experienced significant declines....
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Expectation of Slow Rate Cuts by Ex-Fed Bullard from FOMC | Forexlive

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks...

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news-02072024-143122

XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...