Tag: Market analysis

news-21062024-154411

BoE August Rate Cut Increases, EUR/GBP Recovery Delayed

Thursday's statement from the Bank of England (BoE) indicates that there may be an interest rate cut coming soon, according to ING's FX Strategist...
news-21062024-134226

Euro Area Recovery in Question as PMIs Highlight Weakness

The Euro Area's economic recovery is facing uncertainty as recent Purchasing Managers' Index (PMI) data points to weaknesses in the region. While global equities...
news-21062024-134206

US Equities End Week on Soft Note: Market Analysis | Forexlive

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to carefully consider your investment objectives,...
news-21062024-074201

US PCE Inflation in Focus: Week Ahead Agenda – Action Forex

The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
news-21062024-074141

USD/JPY Forex Analysis: Heading Towards Danger Zone

USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
news-21062024-014042

UK Services PMI for June Falls Below Expectations – Forexlive

The UK Services PMI for June fell below expectations, with a reading of 52.9 compared to the prior 51.2. The Manufacturing PMI came in...
news-20062024-151052

Shift in Consumer Behavior: Fast-Food Customers Moving to Casual-Dining Chains, Darden Restaurants CEO Reports

Casual-dining chains are seeing a shift in consumer behavior, according to Darden Restaurants CEO Rick Cardenas. Customers who are fed up with higher prices...
news-20062024-133530

US Housing Starts Plunge in Forexlive Americas FX News Wrap

US housing starts for the month of May came in lower than expected at 1.277 million, missing the 1.370 million forecast. Additionally, initial jobless...
news-20062024-013012

GBP Volatility Ahead: Bank of England Verdict – Action Forex

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to...
news-19062024-231007

Nova Stock: Growth in Share Price Supported by Consistent Performance

SweetBunFactory Nova (NASDAQ: NVMI) is an innovative company that specializes in process control for semiconductor equipment applications. This sector is crucial in the AI-driven...

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news-28062024-090222

Expectations for Next Week’s ISM Business PMIs – Action Forex

The upcoming week is expected to be crucial for dollar traders as they await the release of the US ISM manufacturing and non-manufacturing PMI...