Tag: Market trends
Forex Market Analysis: Weekly Outlook (01-05 July)
This week in the forex market, there are several key events and data releases to keep an eye on. On Monday, we have important...
Australian Dollar Strengthens as RBA Hawkishness Outweighs Weak US PCE Data
The Australian Dollar (AUD) saw a rise against the US Dollar following a decrease in US inflation in May. This unexpected reduction in inflation...
Best Dividend Stocks Recommended by Top Wall Street Analysts for Higher Returns
Dividend-paying stocks are a great way for investors to enhance their portfolios and increase returns. To find these stocks, it's important to look for...
GBPJPY Hits 16-Year High – Forex Analysis and Updates
GBPJPY has been on a winning streak, marking a new 16-year high at 203.57 after ten consecutive days of gains. While this positive momentum...
USD/CAD Surges Above 1.3700 Before Core PCE Inflation Release
The USD/CAD pair has been on an upward trend for the fourth day in a row, reaching around 1.3710 during the European trading session...
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)...
Gold Price Soars as US Dollar Weakens Before PCE Data
Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1%...
Federal Reserve’s Bostic Predicts Interest Rate Cuts in 2021 and 2025
Federal Reserve's Bostic recently made predictions about interest rate cuts in the coming years. He mentioned that inflation is moving in the right direction...
USDCHF Technical Analysis: Approaching Key Resistance Level
The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...
AeroVironment FY2024 Earnings Report: Analyzing Switchblade Demand
AeroVironment, a military drone maker, recently released their full-year FY24 earnings report, exceeding expectations on both the top and bottom lines. The company experienced...