Tag: Financial markets
USD/CNH Forecast: Potential Break Above 7.3000 to Reach 7.3100 – UOB Group
The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...
Tokyo CPI Impact on July BoJ Meeting – Action Forex
The Bank of Japan (BoJ) meeting minutes suggest that a rate hike in July is still on the table. Despite keeping interest rates unchanged...
Canadian Dollar Rises to High End in Quiet Monday Trading
The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...
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...
Silver Price Forecast: XAG/USD Drops Below $30 Amid Bearish Engulfing Pattern
Silver prices experienced a significant drop, falling 3.86% due to the influence of strong US Treasury bond yields and a robust US Dollar. The...
GBP/USD Weekly Forecast: Key Analysis and Predictions
The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias...
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...
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...
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...
UK Election Turmoil and Mixed Data Weigh on Pound Sterling
The recent data coming out of the United Kingdom has painted a mixed picture of the economy, leading to some turmoil for the Pound...