Tag: Market volatility

news-12072024-202001

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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...

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