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Australia’s November Retail Sales Exceed Expectations with 0.6% Month-Over-Month Growth
Australia's Retail Sales Exceed Expectations in NovemberIn a surprising turn of events, Australia's retail sales for November have surpassed expectations, showing a remarkable 0.6% month-over-month growth. This positive trend comes as a welcome relief...
Navigating Turkey’s Economic Situation Amid Trade Uncertainty: Weekly Market Update
Trump's Tariff Threats Impact Financial Markets
President-elect Trump's unexpected announcement of a potential 25% tariff on Canadian and Mexican goods sent shockwaves through financial markets this week. The Canadian dollar dipped by 1.5% to 71...
US Dollar’s Fate Hinges on NFP: Markets Weekly Outlook
US equities had a strong finish last week, especially in the tech and retail sectors, leading to record highs for the S&P 500. However, the US dollar weakened as expectations of a December rate...
Eurozone Inflation Rise Impact on Euro – Action Forex
The euro remained relatively stable on Friday, with EUR/USD trading at 1.0564, showing a slight increase of 0.09% during the European session. With no significant US events scheduled for the day and US markets...
Canadian Dollar Stable as Investors Await GDP Data – Action Forex
The Canadian dollar has remained stable in the past few trading days, but there could be some movement today with the release of Canada's GDP report. Currently, USD/CAD is trading at 1.4005, showing a...
USD/JPY Forecast: Breaks Key Support as BoJ Rate Hike Expectations Rise
The USDJPY pair experienced a significant drop to a six-week low on Friday, driven by increased expectations of a Bank of Japan rate hike following a higher than expected inflation rise in Tokyo for...
USD/JPY Technical Analysis: Medium-Term Corrective Decline Ahead
Yen strength has continued to persist, supported by an increase in Tokyo's core-core inflation rate to 1.9% y/y in November. This has led to speculation that the Bank of Japan (BoJ) may hike its...
Political Risks in France: Weekly Update and Analysis – Action Forex
This week was full of geopolitical events and political risks, especially in France. President-elect Donald Trump announced tariffs on imported goods from Canada, Mexico, and China, which could lead to retaliatory actions and trade...
Traders’ Focus: NFP Report after Thanksgiving – Weekly Market Update
Traders are eagerly awaiting the release of the Nonfarm payrolls (NFP) report after the Thanksgiving holidays, as it could have a significant impact on the markets. The data will provide insight into whether or...
Canada’s Q3 GDP Growth Slows to 0.3%, Per Capita Output Declines for Sixth Consecutive...
Canada's economy saw a slowdown in growth during the third quarter of the year, with a 0.3% increase compared to the previous quarter. This is a decline from the 0.5% growth seen in both...