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Bitcoin Price Drops as FBI Investigates Tether | Forexlive
The recent report in the Wall Street Journal has caused a stir in the cryptocurrency market, particularly affecting Bitcoin's price. The Department of Justice and Treasury are currently investigating Tether for potential violations of...
USD/JPY Weekly Forecast: Latest Updates and Analysis
The USD/JPY pair saw a rebound from 139.57 to 153.18 last week before experiencing a temporary top and retreating. This week, the initial bias is neutral for consolidations first. However, further rally is likely...
Upcoming Super Week: Jobs Data, Tech Titans, and GDP Reports | Forexlive
The upcoming week is going to be a busy one with lots of important data, decisions, and earnings reports that could impact the markets. Here's a breakdown of what to expect each day:On Monday,...
EUR/USD Weekly Forecast and Analysis – Action Forex
The EUR/USD pair experienced a decline last week, falling from 1.1213 to 1.0760 before showing signs of a temporary recovery. As we look ahead to this week, the initial bias is neutral, suggesting a...
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...