TheEditor
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...