Tag: Financial markets
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...
Eurozone Inflation Deceleration Stalled: Analysis and Forecast
Eurozone inflation has been holding steady, with the CPI standing at 2.5% year on year, remaining within the range of 2.4% to 2.6% for...
USD/INR Strengthens as US Dollar Demand Rises, Powell’s Speech in Focus
The Indian Rupee faced some challenges on Tuesday as it traded in the negative territory during the Asian session. This weakening can be attributed...
US Yields Continue to Rise in Forex Markets on July 1: Forexlive Recap
US Treasury yields continued to rise in the forex markets on July 1, with the NASDAQ index starting strong and closing at a record...
BREAKING NEWS
Algonquin Stock Price Expected to Double Post Renewables Split (OTCMKTS:AGQPF)
Algonquin Stock Price Expected to Double Post Renewables SplitAlgonquin Power & Utilities Corp. (OTCMKTS:AGQPF) has recently announced plans to split its renewable energy and...
