Tag: Market volatility
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...
Navigating Market Risks and Rhetoric: A Guide to Cliff Notes – Action Forex
Last week's key insights revolve around the Westpac-MI Consumer Sentiment Survey, indicating a 1.1% decrease in the headline index to 82.7. This decline reflects...
NASDAQ Aims for 20k as Powell’s Risk Comments Boost Sentiment – Action Forex
US stock markets experienced a significant surge recently, with both NASDAQ and S&P 500 setting new records and achieving gains of over 1%. This...
GBPAUD Maintains Strong Support Level – Forex Analysis
GBPAUD has been showing a strong support level above 1.8900, preventing significant downward movements. Despite trading below a downward sloping trendline, the pair has...
Markets Anticipate Key Event Tomorrow: Countdown Continues | Forexlive
Markets are eagerly anticipating a key event tomorrow, with traders feeling the impatience building as the countdown continues. The kiwi is the only major...
AUD/USD Consolidates Near 0.6750 Amid US Inflation Anticipation
The AUD/USD pair is currently trading near 0.6750 as investors await the release of the US Consumer Price Index (CPI) data for June. This...
Australian Dollar Stable After China CPI Data: Analysis and Insights
The Australian Dollar faced a decline on Wednesday, as the US Dollar gained strength following Federal Reserve (Fed) Chairman Jerome Powell’s testimony before the...
Federal Reserve Chairman Powell Discusses Risks Beyond Inflation – Key Takeaways for Traders
Federal Reserve Chairman Jerome Powell recently addressed Congress in his semiannual testimony, discussing risks beyond just inflation that the Fed is considering. While he...
CPI Impact: Potential Correction in the Market
Oh no, why do people get so scared when they hear the word "correction"? It's like the end of the world when the market...
Bank of England’s Approach to U.K. Growth and Inflation: Analysis and Outlook
The U.K. economy has shown signs of improvement in the first half of 2024, with GDP growth picking up and consumer outlook improving. Despite...