Tag: Investment opportunities
Forex and Cryptocurrency Forecast for Traders – Action Forex
On Friday, June 5, the Dollar Index (DXY) hit a three-week low, while the euro showed its largest weekly gain against the dollar in...
Gold Price Surges to Six-Week High Amid Weak US Labor Market Data
Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls...
Sunset Market Analysis – Actionable Insights for Forex Traders
European markets experienced a risk-on movement today, following a record close of the US S&P 500 above the 5500 mark. This positive sentiment also...
Crude Oil Technical Analysis: Key Breakout Boosts Bullish Momentum
Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The...
Yen Hits Multi-Decade Lows, Euro Bounces Back, Dollar Remains Indecisive – Forex Market Update
Last week, the focus was on the Japanese Yen as it hit multi-decade lows, remaining the worst-performing currency. Despite the decline, Japanese authorities did...
Eco Data Forecast for June 28, 2024 – Action Forex
On June 28, 2024, various economic indicators were released, providing insights into different economies around the world.In Japan, the Tokyo Consumer Price Index (CPI)...
Impact of Labour Victory on Sterling: Insights from Crédit Agricole
The GBP has been trading at a 'political premium' in anticipation of the upcoming elections, as there is a belief that political stability will...
High-Yield Investment Alternatives to EAD Junk Bond Fund (NYSE:EAD)
I recently came across the Allspring Income Opportunities Fund (NYSE:EAD) while looking for high-yielding income funds. The EAD fund offers an attractive 9.1% distribution...
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...
Crude Oil Resilience: TDS Analysis and Outlook
Crude Oil has shown its resilience once again, with inventory draws providing some support to the market, according to TDS strategists. Despite this strength,...