Tag: forex trading
US Inflation Data Impact on Dollar Index Trading – Action Forex
The dollar index has been showing some upward movement in trading recently, although it remains within a volatile range for the sixth consecutive day....
Tokyo CPI Core Rises While Core-Core Falls: BoJ Rate Hike Uncertainty – Action Forex
Japan's Tokyo consumer price index (CPI) core, excluding food, rose slightly from 2.1% year-on-year to 2.2% year-on-year in July, meeting market forecasts. This is...
USDJPY Hits Lowest Level Since May 16 | ForexLive Trading Update
The USDJPY currency pair has been on a downward trend and has reached its lowest point since May 16. This decline has caused the...
AUDUSD Price Analysis: Breaks Below Key Support at 0.6690 – Action Forex
AUDUSD has been on a downward trend since July 15, with the bears breaking through the key support level of 0.6690. The pair is...
Forex Trading vs. Futures Trading: Key Differences and Comparison
Entering the world of financial markets, investors often find themselves choosing between Forex and Futures trading. Both options have their own advantages and risks,...
July FOMC Blackout Period: Flashlight Tips for Traders – Action Forex
Congress has given the Federal Reserve a dual mandate to focus on "maximum employment" and "price stability." In recent years, the focus has been...
Investing in FTSE China A50 Index (XIN9) on Monthly Chart | Expert Analysis
FTSE China A50 Index Futures (XIN9) are a popular choice for international investors looking to get involved in China's A-share market. These futures, traded...
China Rate Setting on Monday: What to Expect and How It Affects Forex Trading
The People's Bank of China is set to announce the 1- and 5-year loan prime rates on Monday, as the usual announcement date of...
Trading Strategies and Market Analysis at Sunset Market – Action Forex
The European Central Bank (ECB) announced today that they have decided to keep their key policy rates unchanged in a unanimous decision. They reiterated...
Eco Data Update: July 18, 2024 – Actionable Insights for Forex Trading
On July 18, 2024, several economic data updates were released that could provide valuable insights for forex trading. Let's take a closer look at...