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The upcoming economic events for the week are as follows:- Monday: PBoC LPR announcement - Tuesday: NBH Announcement, IMF World Economic Outlook - Wednesday: BoC Announcement - Thursday: EZ/UK/US Flash PMIs (Oct) - Friday: PBoC MLF (TBC), CBR...

Last week, USD/JPY saw a slight increase in value despite a decrease in upside momentum. The 4-hour MACD indicator showed this trend. Analysts predict a further increase in value as long as the minor...

China is getting ready to make an announcement on Monday, October 21, 2024. The People's Bank of China (PBoC) plans to set the loan prime rates (LPRs) on that day. Last month, the PBoC...

EUR/USD saw a decline from 1.1213 last week, but managed to bounce back after reaching 1.0810. The initial bias for this week remains neutral for consolidations. However, the outlook will remain bearish as long...

The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on the hourly chart, which is seen as a small negative....

The Dollar continued to dominate as the strongest currency for another week, supported by expectations of gradual rate cuts by the Fed. The recent rate cut from the ECB also gave the greenback a...

Next week will be an exciting one for investors as several key companies are set to report their earnings. Some of the big names to watch out for include Tesla, Boeing, AT&T, and Coca-Cola.On...

Gold prices soared to a record high above $2700, bringing joy to gold enthusiasts as they enjoy a 4-day rally and a fresh all-time high. The market saw strong and steady bids with dips...

The stock market had a positive week with major indices closing higher. The Nasdaq showed the strongest performance, leading the way for the Dow and the S&P. However, the small cap Russell 2000 closed...

The Bank of Canada is expected to make a significant rate cut of 50 basis points at its October meeting, based on recent CPI data. However, there is some uncertainty in the markets regarding...