Tag: Forex market
Boost in GBP/USD as Non-Farm Payroll Results Disappoint
The GBP/USD pair saw a boost on Friday following a significant miss in the US Nonfarm Payrolls (NFP) data. The US job market showed...
Rebound of EUR/USD post-NFP miss drives Greenback down
The EUR/USD pair saw a rebound on Friday after poor US Nonfarm Payroll (NFP) data led to a decline in the value of the...
Australian Dollar Strengthens after Positive PPI Data
The Australian Dollar showed strength against the US Dollar after positive Producer Price Index (PPI) data was released. The PPI in Australia rose by...
USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity
USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing...
Bank of England Preview: Dovish Hold and Limited EUR/GBP Downside – Action Forex
The Bank of England (BoE) is expected to maintain the Bank Rate at 5.25% on August 1st, despite market expectations for a 25bp cut...
USD/JPY Price Analysis: Recovery and Consolidation at 154.00
The USD/JPY pair managed to recover from its daily low of 151.94 and ended Thursday's session unchanged at 153.93. This recovery was supported by...
EUR/USD Forecast: Mid-Day Analysis and Outlook – Action Forex
The EUR/USD pair continues to show a downward bias during mid-day trading, with the fall from the short-term top of 1.0947 expected to reach...
EUR/USD Daily Forecast: Expert Analysis and Predictions for Forex Traders
The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from...
Forex Market Analysis: EUR/USD and USD/CHF Trends – Action Forex
EUR/USD and USD/CHF Trends AnalysisIn the world of forex trading, the EUR/USD and USD/CHF pairs have been making significant movements. Let's take a closer...
Eco Data Analysis and Forecasting – Action Forex
The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for...