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US PCE Report: Analyzing Forecast Distribution for Traders | Forexlive
The US PCE Report provides valuable insights for traders looking to understand market reactions based on forecast distributions. The ranges of estimates play a crucial role in determining market responses, as any deviation from...
ECB’s Panetta Urges Easing Amid Inflation Decline and Economic Weakness – Action Forex
Italian ECB Governing Council member Fabio Panetta recently spoke about the importance of easing monetary conditions in the Eurozone due to concerns about economic weakness and declining inflation. He emphasized the need to address...
European Inflation Data Takes Center Stage Today | Forexlive
Major currencies are mostly steady at the moment, with the Japanese yen being the only one showing some movement as we transition from Asia to Europe. Following the BOJ policy decision where rates were...
Gold Price Forecast: Will Gold Continue to Rise? – Action Forex
Gold prices have been on the rise, reaching a new high above $2,788. The market is showing signs of a bullish trend, with a connecting trend line forming at $2,758 on the 4-hour chart....
North Korea Launches Another Ballistic Missile | Latest Update from Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for everyone. With the use of leverage, the risks and potential losses are even higher. Before engaging in foreign exchange trading, it...
Sunset Market Analysis: Actionable Insights for Forex Traders
Sunset Market Analysis: Understanding Forex Trading TrendsIn the ever-changing world of trading, central banks play a crucial role in determining market trends. With a strong focus on data, each economic figure has the potential...
Eurostoxx Futures Decline 0.1% in Early European Trading
Eurostoxx futures saw a slight decline of 0.1% in early European trading. German DAX futures were down by 0.2% while UK FTSE futures showed a 0.3% decrease. On the other hand, US futures experienced...
Global Economic News: Alphabet Beats, UK Budget, US Jobs, Eurozone CPI – Action Forex
Big Tech investors were pleased on Tuesday as Alphabet, Google's parent company, reported better-than-expected results. The company saw a 15% increase in revenue compared to the same time last year, with ad revenue surpassing...
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...