Tag: Financial markets
Fed Rate Cut in September Could Trigger Easing Spree by 2024 – Action Forex
It's already halfway through 2024, and the countdown to the US presidential election has begun. While geopolitical tensions like the Ukrainian-Russian conflict and Israeli-Hamas...
Navigating Market Risks and Rhetoric: A Guide to Cliff Notes – Action Forex
Last week's key insights revolve around the Westpac-MI Consumer Sentiment Survey, indicating a 1.1% decrease in the headline index to 82.7. This decline reflects...
ECB Holiday Season Preview: Analysis and Forecast – Action Forex
The upcoming ECB meeting is expected to be a review meeting rather than one where new policies are announced. Lagarde has emphasized that data...
Fed Rate Cut Prospects Strengthened by Expected Consumer Price Index
Central banks play a crucial role in maintaining price stability within a country or region. This is achieved by managing inflation and deflation through...
US Inflation Data Awaited in ForexLive Asia-Pacific FX News Wrap
Today in the world of finance, there are a few key updates to keep an eye on. Firstly, it has been announced that US...
Gold Price Outlook: Building on Steady Intraday Ascent, Eyes US Inflation Data
Gold prices have been on the rise for the past three days, although the bullish momentum seems to be lacking. This increase in price...
Inflation Report: Traders Confident in Fed Rate Cut for Thursday’s Key Announcement
The inflation report that is highly anticipated is set to be released on Thursday and it may confirm the expectations for the Federal Reserve...
UK Data Analysis: Impact of Labour Win on Pound – Action Forex
The UK economy has shown signs of improvement, with GDP growing by 0.7% in the first quarter of the year. Analysts are now expecting...
GBP/USD Price Analysis: BoE’s Pill Remarks Propel Pair Above 1.2800
The Pound Sterling saw a rise to 1.2842 against the US Dollar following comments from the Bank of England's Huw Pill cautioning against making...
Is Gold Ready to Break Key Resistance Levels? – Action Forex
Gold is currently on the rise after finding support around the 2,450 zone recently. Despite this upward movement, gold is still trading within a...