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Bostic Projects Neutral Policy Rate Between 3-3.50% | Forexlive
Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially with the use of leverage. Before diving into foreign exchange trading,...
Bank of Canada Announces Unprecedented 50 Basis Point Interest Rate Cut – Action Forex
The Bank of Canada made an unexpected move by cutting interest rates by 50 basis points, bringing the overnight rate to 3.75% from 4.25%. This decision comes after three consecutive 25 basis point cuts...
USD/JPY Price Drops Today But Buyers Maintain Control | Forexlive Trading Analysis
The USD/JPY price experienced a slight drop today, but buyers are still in control of the situation. Looking at the near-term chart, a 30 pip drop earlier may not seem significant. According to a...
UK Retail Sales Boost Pound Value – Forex Market Update
The British pound continued to rise on Friday, with GBP/USD trading at 1.3046, up 0.27% for the day. This increase in value is attributed to the stronger-than-expected UK retail sales data for September. Retail...
FX Option Expiries Analysis: 18 October 10am NY Cut – Forexlive
There is only one FX option expiry worth noting on this day, which is at the 1.0850 level for the EUR/USD pair. Although this level may not align with any significant technical levels, the...
USD/CHF Daily Forecast: Key Analysis and Updates for Traders
The USD/CHF pair continues to show an upward bias in trading as the rise from 0.8374 is ongoing. If there is a sustained break above the 38.2% retracement level of 0.9223 to 0.8374 at...
USD/JPY Unaffected by Japan’s September Inflation Data – Forexlive
The USD/JPY exchange rate was not affected by Japan's September inflation data, according to a report by Forexlive. Foreign exchange trading is risky and may not be suitable for all investors. It is important...
ECB Rate Cut Review: Implications and Outlook – Action Forex
Today, the European Central Bank (ECB) announced its third rate cut of the year, bringing the deposit rate to 3.25%. This decision was in line with expectations and was made unanimously. The ECB President,...
AUDUSD Technical Analysis: Breakout or Fakeout Prediction | Forexlive
The US Dollar has been gaining strength this week despite lower Treasury yields and limited economic data. Stanley Druckenmiller suggested that the market may be anticipating a Trump victory, which could explain the recent...
Eurozone Trade Data: Goods Exports and Imports Decline in August
Eurozone trade data for the month of August revealed a decline in both goods exports and imports. Goods exports decreased by 2.4% year on year to EUR 216.7 billion, while goods imports also fell...