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Foreign Investment in Canada Surges to $29.3B, Up from $10.33B Last Month
Foreign investment in Canada has seen a significant increase, reaching $29.3 billion, up from $10.33 billion the previous month. This surge in foreign investment is a positive sign for the Canadian economy, indicating strong...
Gold Price Forecast: XAU/USD Rebounds from Two-Month Low
Gold prices experienced a rebound from a two-month low on Monday, following a two-week pullback that saw a 6.5% decrease from its recent record high. The pullback found support around the $2540 zone, which...
Eurostoxx Futures Up 0.1% in Early European Trading
Foreign exchange trading can be a risky venture, and it may not be suitable for all investors. It's important to understand the risks involved, especially when using leverage, as it can increase both risk...
EUR/USD Daily Forecast: Latest Analysis and Updates from Action Forex
The EUR/USD pair is currently experiencing a neutral bias for the day, with a possibility of more consolidations. However, the overall outlook remains bearish as long as the 1.0760 support turned resistance level is...
Bank of Japan Governor Ueda Driving Japan’s Inflation Towards Increase in Domestic Wages
Bank of Japan Governor Ueda recently made some key points about the economy and inflation in Japan. He mentioned that the economy is recovering moderately, despite some weak signs. This recovery is partly due...
Key Trump Trades for Nov 18: Actionable Insights – Action Forex
President-elect Donald Trump has started forming his administration by meeting with outgoing President Joe Biden at the White House. This meeting symbolizes a peaceful transfer of power. Trump's cabinet picks have caused debate, especially...
Is META Stock a Buy or Sell? Analysis and Forecast | Forexlive
Meta Platforms, Inc. (META) is a popular stock known for its innovation and dominance in the tech space. Many investors are wondering whether it is a good time to buy, hold, or sell META...
AUD/USD Weekly Analysis and Forecast – Action Forex
The AUD/USD pair continued its decline last week, falling from 0.6491. This week, the initial bias remains on the downside, with a target of 0.6421, which is the 61.8% projection of the move from...
Forexlive Weekly Market Outlook: 18-22 November
Next week, there are several important economic events to keep an eye on. On Monday, the US NAHB Housing Market Index will be released. Tuesday will bring the RBA Meeting Minutes, Canada CPI, US...
USD/CHF Weekly Forecast: Latest Analysis and Trends – Action Forex
The USD/CHF pair experienced a rally from 0.8733 to 0.8916 last week, reaching as high as 0.8916 before pulling back. The retreat occurred after hitting the 61.8% retracement level of 0.9223 to 0.8374 at...