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news-30102024-043800

Bank of Canada Governor and Deputy Speaking on Wednesday: What to Expect

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand the risks involved, especially when using leverage, as it can increase the potential for...
news-30102024-043726

Eco Data Report 10/30/24 – Forex Market Analysis

In the latest Eco Data Report, several key events and their corresponding data were analyzed in the Forex Market. Let's take a closer look at the numbers:Australian Dollar (AUD): - Monthly CPI Y/Y Sep: Actual...
news-29102024-163602

US Stock Market Prepares for Slight Dip in Opening | Forexlive

Yields in the US stock market are on the rise, causing a slight pause as investors adjust to the potential impact of a Trump Presidency next week. The futures market is currently indicating a...
news-29102024-163526

EUR/USD Analysis and Forecast: Key Updates and Trends – Action Forex

The EUR/USD pair experienced a notable fall recently after being rejected by the 55 4-hour Exponential Moving Average (EMA) at 1.0832. Despite this, it managed to stay above the temporary low of 1.0760. At...
news-29102024-103232

BlackRock CEO Predicts Fed to Cut Rates by 25 bps Before Year-End

BlackRock CEO, Larry Fink, recently made a prediction about the Federal Reserve cutting rates before the end of the year. He believes that there will be a rate cut of at least 25 basis...
news-29102024-103202

GBPUSD Trading Range Forecast: 1.2900 – 1.3000 Key Levels – Action Forex

GBPUSD recently lost momentum as it approached the uptrend line, signaling a potential shift in the market. Although the pair broke the long-term ascending trendline, it is currently trading within a narrow range after...
news-29102024-043137

China’s Luckin Coffee to Enter US Market, Plans to Undercut Starbucks Prices

China's Luckin Coffee, known for its aggressive expansion and competitive pricing, is set to enter the US market in a move that could shake up the coffee industry. The company, often referred to as...
news-29102024-043107

Eco Data Analysis for October 29, 2024 – Action Forex

The Eco Data Analysis for October 29, 2024, provided insights into various economic indicators across different countries. Here is a breakdown of the data:- Japan's Unemployment Rate for September remained steady at 2.50%. - Germany's...
news-28102024-222610

Crude Oil Futures Settle at $67.38 – Latest Update and Analysis

Crude oil futures ended the day at $67.38, marking a decrease of -$4.40 or -6.13%. Throughout the day, the price fluctuated between a low of $66.94 and a high of $68.84. The drop in...
news-28102024-222535

Navigating the FOMC Blackout: November Flashlight Analysis – Action Forex

The Federal Open Market Committee (FOMC) recently initiated an easing cycle by reducing the fed funds target range by 50 bps to 4.75%-5.00% at its last meeting in September. However, it appears that further...