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Europe Market Open: APAC Stocks Rise Amid Geopolitical Focus | Forexlive
APAC stocks had a strong start to the week after a positive performance on Wall Street last Friday, thanks to a stellar jobs report. European equity futures are also pointing towards a positive opening,...
RBNZ Policy Meeting: Will Interest Rates be Cut by 25 or 50 bps?
The Reserve Bank of New Zealand is expected to announce a rate cut during their policy meeting on Wednesday. The decision to cut rates comes as inflation in New Zealand continues to slow down,...
US Dollar Strengthens as Federal Reserve Hawks Gain Momentum
Surprise! The US economy added over 250,000 new nonfarm jobs last month, bringing the unemployment rate down to 4.1%. Wages also saw faster growth than expected, with workers earning 4% more on average compared...
Australian Inflation: Melbourne Institute CPI September 2024 Up 0.1% | Forexlive
Australian inflation, as measured by the Melbourne Institute's Consumer Price Index (CPI), saw a slight increase of 0.1% in September 2024. This uptick may have implications for the broader economy and consumers in Australia. It's...
Eco Data Update: October 7, 2024 – Actionable Insights for Forex Traders
Here is the latest Eco Data Update for October 7, 2024, providing actionable insights for Forex traders. Let's take a look at the key events and data releases for today: - 00:00 GMT: In Australia,...
China’s Property Sector Sees Recovery with Increased House Sales During Holiday Period
China's National Day holiday started on October 1st and leading up to it, the Chinese government announced various economic stimulus measures, focusing on the property sector. These measures included reducing down-payment ratios, lowering mortgage...
GBP/USD Weekly Forecast and Analysis – Action Forex
Last week, GBP/USD broke below the 1.3265 support level, indicating a short-term peak at 1.3433. This week, the initial bias suggests a downward trend towards the 1.3000 cluster support level, which represents a 38.2%...
Weekly Forex Market Analysis (07-11 October) | Forexlive
Upcoming Events: This week, there are several key economic events and data releases that will impact the forex market. On Monday, Eurozone Retail Sales data will be released, while China will be on holiday. Tuesday...
USD/JPY Forecast: Weekly Analysis and Predictions for Forex Traders
The USD/JPY pair has shown a strong rebound and broken through the 38.2% retracement level from 161.94 to 139.57 at 148.11. This indicates that the fall from 161.94 may have already come to an...
Crude Oil Price Forecast 2021: Trends and Analysis
Hello everyone, I'm here to talk about the recent surge in crude oil prices and what it means for traders and investors. Crude oil prices have seen a significant uptrend, rising by about 14%...