Tag: Global economy
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...
Gold and Crude Oil Prices Surge Amid Middle East Tensions – What to Expect...
Gold and oil prices have seen a significant surge recently due to escalating tensions in the Middle East. The increase in tensions began during...
Eco Data Forecast for July 30, 2024 – Action Forex
On July 30, 2024, various economic indicators were reported in different regions around the world. In Japan, the unemployment rate for June remained steady...
Weekly Interest Rate Forecast Update | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand that leverage can increase...
Hartnett: Liquidation of Overcrowded Trades Sparks Market Movement
The recent movement in the S&P may not have been as harsh, but many traders felt a sense of deja vu reminiscent of March...
Key Takeaways from Recent Market Volatility: De-Inversion of Yield Curve Steals the Show –...
Last week was full of market volatility with various factors influencing different currencies and stock markets. The Yen saw a strong rally against major...
Australian Dollar Weakens Due to Falling Commodity Prices and Risk-Aversion
In the recent trading session, the Australian Dollar (AUD) experienced a slight uptick against the US Dollar (USD), with AUD/USD reaching 0.65515 following a...
Central Bank Meetings: BoJ, Fed, and BoE – Rate Decisions Ahead
A trio of central bank meetings are set to take place soon, with the Bank of Japan (BoJ), the Federal Reserve (Fed), and the...
Gold Price Outlook: Rising Amid Weak US Dollar Ahead of Fed Meeting
Gold prices have been making significant moves recently, bouncing back from daily lows and currently standing at $2,385. This increase comes amid a weakening...
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....
Breaking Financial News
Federal Reserve Powell and President Trump Communication: Rates Drop Demand
Federal Reserve Chair Jerome Powell Breaks Silence on President Trump's Demands for Interest Rate CutsIn a rare public statement following President Donald Trump's recent...
