Tag: Financial markets
RBNZ Rate Decision: Focus on Kiwi – Action Forex
The New Zealand dollar, also known as the Kiwi, has been struggling in the currency exchange market this year. Despite a slight increase against...
EUR Rate Cut Dissent: ING Analysis and Implications
The recent minutes from the June European Central Bank (ECB) meeting have revealed a disagreement among members regarding the decision to cut rates, according...
Top 10 Holdings and Annual Returns of S&P 500: Spotting Red Flags
In JPMorgan’s (JPM), “Guide to the Market” presentation last Monday, July 1 ’24, Dr. David Kelly, JPMorgan’s Chief Global Strategist, started off the call...
USD/CAD Forecast: Price Approaching Lower Range Bound – Action Forex
USDCAD has been moving back and forth in a sideways range for some time now. Recently, there has been a shift towards negative momentum...
US Markets Closed for Holiday: Impact of DXY on OCBC
The US markets were closed for a holiday, and the impact of the US Dollar Index (DXY) on Oversea-Chinese Banking Corporation Limited (OCBC) was...
UK General Elections Boost Pound Sterling’s Gains: What’s Next?
The Pound Sterling has been on the rise lately, gaining strength against the US Dollar. This increase in value can be attributed to the...
USD Under Pressure as Weak Data Emerges
The latest data on job creation in the US private sector has shown weaker growth than expected, putting pressure on the US dollar. According...
Sunset Market Analysis – Actionable Insights for Forex Traders
European markets experienced a risk-on movement today, following a record close of the US S&P 500 above the 5500 mark. This positive sentiment also...
Gold Prices Drop Following Dovish Remarks by Powell
Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting...
Fed’s Progress on Inflation and Need for Confidence Before Cutting Rates
Federal Reserve Chair Jerome Powell recently addressed the progress made on inflation and the cautious approach needed before considering cutting interest rates. During a...
Breaking Financial News
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...
