Tag: Market analysis
MLF Day in China: People’s Bank of China Not Expected to Cut Rates |...
The People's Bank of China announced on the 15th of this month that the Medium-term Lending Facility (MLF) rate will remain at 2.5%. This...
Forexlive Weekly Market Outlook: July 15-19 Analysis & Predictions
The upcoming events in the market for the week of July 15-19 are as follows:On Monday, we have various events including the New Zealand...
USD/JPY Weekly Forecast: Latest Analysis and Trends
The USD/JPY pair experienced a significant drop last week, indicating a short-term peak at 161.94. The presence of bearish divergence in the D MACD...
Weekly EUR/USD Forecast: Latest Analysis and Updates – Action Forex
EUR/USD saw a strong rally last week, reaching a high of 1.0910. The current bias is still leaning towards the upside for the coming...
Bitcoin Trading: Profitable Opportunities with Technical Analysis | Forexlive
Bitcoin trading can be a profitable opportunity, but it comes with risks. It's important to be cautious and patient when trading Bitcoin. Here are...
10-Year Yield Climbs to -27.3 Basis Points, Highest Since Jan 29 | Forexlive
The 2-10 year spread, which has not been positive since July 2022, reached a high close of -16 basis points recently. However, today, the...
Dow Industrial Average Closes Just Above 40,000: Market Update
The Dow Industrial Average had a rollercoaster day, reaching a high of 40,257, which would have been a record close. However, late selling pushed...
ECB Rate Decision and Economic Data Highlights for the Week Ahead
The European Central Bank (ECB) is set to conclude its two-day policy meeting on Thursday. It is not expected to make any changes to...
Fed Rate Cut in September Could Trigger Easing Spree by 2024 – Action Forex
It's already halfway through 2024, and the countdown to the US presidential election has begun. While geopolitical tensions like the Ukrainian-Russian conflict and Israeli-Hamas...
Cable Aims for 1.30: Forex Market Update
The pound is currently experiencing a significant breakout, with gains in nine out of the past 10 days, including three substantial increases in a...
Breaking Financial News
X’s New Terms of Service Causing Users to Leave Elon Musk’s...
Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...
