TheEditor

TheEditor
1134 POSTS 0 COMMENTS
news-11102024-064739

Asia-Pacific FX News Wrap: Major Forex Trades Mostly Sideways | ForexLive

Asia-Pacific FX trading was relatively quiet today, with major forex trades mostly moving sideways. The day saw a mix of news and events, including Israel's army reporting the killing of a top commander of...
news-11102024-064710

USD/JPY Forecast: Potential Pullback Ahead for Bulls – Action Forex

The USD/JPY pair experienced a rally above 149.20 before facing resistance from the bears. On the 4-hour chart, it traded below a significant bullish trend line with support at 149.35. Meanwhile, the EUR/USD saw...
news-11102024-004636

New Zealand Manufacturing PMI Improves to 46.9 in September | Forexlive

The New Zealand Manufacturing Purchasing Managers' Index (PMI) showed improvement in September, reaching 46.9. This indicates a slight recovery in the manufacturing sector in the country.It is important to note that foreign exchange trading...
news-11102024-004605

Fed’s Goolsbee Expects Close Calls on Rate Decisions Ahead – Market Outlook

Chicago Federal Reserve President Austan Goolsbee recently spoke to CNBC about the progress in controlling inflation and stabilizing the labor market in the last year and a half. According to Goolsbee, inflation has decreased...
news-10102024-184527

Understanding the NZDUSD Price Action: Watch This Video for Clarity

If you're finding it hard to understand what's going on with the NZDUSD price action, don't worry, you're not alone. Price action can be confusing, but looking at the technical aspects can help shed...
news-10102024-184456

Fed’s Williams Expects Gradual Shift Towards Neutral Policy – Action Forex

New York Fed President John Williams spoke today about the future direction of monetary policy, indicating that there will be a gradual shift towards a more neutral stance in the coming months. This aligns...
news-10102024-124424

NZDUSD Technical Analysis: Greenback Support Ahead of US CPI

The US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate cuts. This week, the greenback continued to rise as the...
news-10102024-124354

USDCHF Forecast: Bullish Outlook Ahead of US CPI Release

The USDCHF pair has shown a positive trend recently, reaching a six-week high of 0.8609 after finding support near the 50-day SMA. The technical indicators suggest that there is potential for further bullish movement,...
news-10102024-064310

Japan Coalition Partner Urges Continuation of Utility and Fuel Subsidies

Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially with leverage, which can increase the potential for losses. Before diving...
news-10102024-064238

Fed’s Rate Cut Supported by Majority, Divisions on Future Easing – Analysis

The Federal Reserve's recent decision to lower interest rates by 50 basis points had the support of a majority of policymakers, as revealed in the meeting minutes. However, the discussions among the officials showed...