Tag: Market analysis
ECB’s Simkus: Significant Decrease in Interest Rates – Action Forex
European Central Bank (ECB) Governing Council member Gediminas Simkus recently spoke to the press about the potential for a significant decrease in interest rates....
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...
USDJPY Analysis: BoJ Intervention Impact on JPY – Action Forex
The recent movements in the USDJPY pair have been influenced by a combination of fundamental and technical factors. The dovish speech by the Fed...
USDJPY Technical Analysis: Key Breakout Boosts Bearish Momentum
The USDJPY pair continues to show bearish momentum as the USD remains weak due to resilient US growth and falling inflation. Despite concerns about...
Gold Price Forecast: XAU/USD Reaches All-Time High – Action Forex
Gold prices have surged to a new all-time high of $2482, with a significant increase of 1.9% in a single day - the largest...
Dow and S&P Hit Record Highs in Recent Trading Session
In the recent trading session, the major stock indices all closed higher with the Dow and the Russell 2000 performing the best, while the...
Sunset Market Analysis and Insights – Action Forex
Global core bonds saw some gains ahead of the release of US retail sales data. UK gilts performed slightly better than Bunds and Treasuries...
Canadian CPI Release Suggests Bank of Canada Rate Cut – CIBC Analysis
The Bank of Canada is set to meet on July 24, and many economists are predicting a rate cut. This prediction is further supported...
Eco Data Calendar 7/16/24 – Action Forex
The Eco Data Calendar for July 16, 2024, provides a snapshot of various economic indicators from around the world. Here are some key events...
Switzerland June Producer and Import Prices Hold Steady at 0.0% m/m
Switzerland's producer and import prices in June remained steady at 0.0% month-on-month. This stability indicates that there was no increase or decrease in prices...