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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...
Trump Leads Harris by 2 Points in Wall Street Journal Poll | Forexlive
The most recent national survey from The Wall Street Journal shows that Trump is currently ahead of Harris by 2 percentage points, with 47% of the vote compared to Harris's 45%. However, it's important...
S&P 500 Index Wave Analysis: Expert Insights and Predictions
The S&P 500 index has recently seen a reversal from a support zone, indicating a potential upward trend. This support zone is located between the key support level of 5785.00, the 20-day moving average,...
Trading Analysis: NASDAQ Index Ping-Pongs Near Highs Between Hourly Moving Averages
The NASDAQ index is currently hovering near its session highs as traders aim to retest its 50-hour moving average, which is at 18418.93. The price has already hit 18413.38. This represents a possible increase...
Warning: BoE’s Mann Predicts Prolonged Services Inflation – Action Forex
At a recent event, Catherine Mann, a member of the Bank of England's Monetary Policy Committee, discussed the challenges surrounding services inflation. According to Mann, services inflation still has a long way to go...
US Weekly Initial Jobless Claims Beat Expectations, Decreasing to 227K
The latest data on initial jobless claims in the US shows that the numbers have beaten expectations, decreasing to 227K. This is a positive sign for the economy, as it indicates that fewer people...
Eurozone PMI Impact on Eurozone Currency Trends – Action Forex
On Thursday, S&P Global released preliminary estimates for the October PMI across major regions. In Europe, this data holds significant importance as it tends to impact market trends.The data from Europe showed a mixed...