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USD Breaks Key Resistance with 10-Year Yield Surge – Action Forex Analysis
The Dollar emerged as the clear winner in the currency markets last week, with both the Dollar Index and the 10-year US Treasury Yield breaking through significant resistance levels. This surge in the Dollar...
US Equity Market Update: Strong Opening Derailed, Forexlive Analysis
The US equity market started strong today, with a significant gap higher at the open. The S&P 500 surged nearly 50 points early in trading, reaching 5860. However, the optimism was short-lived as sellers...
Forexlive Americas FX News Wrap: Consumer Sentiment Rises, Market Sentiment Sags
The final consumer sentiment in the US for October came in at 70.5, beating expectations of 69.0. This positive news was accompanied by the US September durable goods orders, which were slightly lower than...
Decisive Week for USD: NFP, BoJ Meeting – Action Forex
This week is crucial for the US dollar as several key events are set to take place. The Federal Reserve has shifted to a more hawkish stance after cutting rates in September. Economic indicators...
BOC Macklem Warns of Lower GDP if Population Growth Slows – Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks involved, especially when using leverage, as it can increase both...
Is 50 the New 25? Weekly Bottom Line Analysis on Action Forex
The Bank of Canada made a significant interest rate cut this week, bringing the overnight rate to 3.75%. The main reason cited for this decision was the notable decline in inflation, although the inflation...
Canada New Housing Price Index Remains Unchanged in September | Forexlive
The Canada New Housing Price Index remained unchanged in September, according to a report by Forexlive. This indicates stability in the housing market, with no significant increase or decrease in prices during the month.It...
US Durable Goods Orders Decline in September, Ex-Transport Orders Increase – Action Forex
US durable goods orders in the United States experienced a slight decline of 0.8% month-over-month in September, amounting to USD 284.8 billion. Although this figure was slightly better than the expected decline of 0.9%...
ECB’s Kazaks: Rates Should Not Fall Below Neutral | Forexlive
Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to understand the risks involved before diving into the market. Leverage can amplify these risks, potentially...
Euro vs. US Dollar Outlook: Analyzing Divergence and Impact on Forex Trading
Stock markets in both Europe and the US saw positive movements on Thursday following some strong earnings reports. Companies like Hermes, Barclays, Unilever, Renault, Tesla, and UPS posted good results, leading to a boost...