Tag: Economic outlook
US Inflation Data Impact on Dollar Index Trading – Action Forex
The dollar index has been showing some upward movement in trading recently, although it remains within a volatile range for the sixth consecutive day....
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...
US Election Market Outlook: Key Points to Consider – Action Forex
The US Presidential election is a hot topic right now, causing volatility in the market and making the Fed's job more challenging. Recent events,...
Bank of Canada Reduces Policy Rate to 4.5%
The Bank of Canada recently made the decision to lower the overnight rate to 4.50% from 4.75%, while also confirming that Quantitative Tightening (QT)...
Gold Price Outlook: TD Cautious of Downside Risks from Various Directions Including Asian Buyer...
TD, a financial institution, is cautious about the future of gold prices due to various factors. They believe that the current positioning of discretionary...
GBP Remains Top G10 FX Bet Despite Risk Aversion | Credit Agricole Analysis
Credit Agricole analysis indicates that the British Pound (GBP) remains a strong contender among G10 currencies, despite facing challenges such as increased risk aversion...
Impact of Biden Dropping Out on Bond and FX Markets | Forexlive
The impact of Joe Biden dropping out of the presidential race on the bond and foreign exchange markets is a topic of much discussion...
BoC Expected to Lower Benchmark Interest Rate to 4.5% – Expert Analysis
According to experts, the Bank of Canada is expected to lower the benchmark interest rate to 4.5% in response to softer inflation in Canada...
ECB’s Simkus: Significant Decrease in Interest Rates – Action Forex
European Central Bank (ECB) Governing Council member Gediminas Simkus recently spoke to the press about the potential for a significant decrease in interest rates....
China’s Economic Recovery Not Strong Enough: Senior Party Official’s Statement
China's senior party official for economic affairs recently made a statement regarding the country's economic recovery. According to the official, China's economic recovery is...