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China’s People’s Bank Cuts 14-Day Reverse Repo Rate to 1.85%
China's People's Bank of China (PBOC) recently made a significant move by cutting the 14-day reverse repo rate to 1.85%. This decision came as the PBOC injected 74.5 billion yuan liquidity into the banking...
Nikkei 225 Index Wave Analysis: Forecast, Trends, and Strategies
Nikkei 225 Index on the Rise: An In-depth AnalysisThe Nikkei 225 index has been showing a strong upward trend, moving inside minor impulse waves 3. These waves are part of the larger intermediate impulse...
House Speaker Johnson Removes Trump Voting Restrictions in Government Funding Bill
House Speaker Johnson Makes Bold Move to Remove Trump Voting Restrictions in Government Funding BillU.S. Speaker of the House Mike Johnson (R) (R-LA) announced a significant development on Sunday regarding a new temporary government...
Atsushi Mimura, Japan’s Top Currency Diplomat, Vigilant on Yen Carry Trade | Forexlive
Atsushi Mimura, Japan's vice finance minister for international affairs and known as the country's 'top currency diplomat', is keeping a close eye on the yen carry trade. The finance ministry in Japan is responsible...
GBP/JPY Weekly Forecast: Analysis and Predictions for Traders
GBP/JPY Weekly Forecast: Analysis and Predictions for TradersGBP/JPY displayed a strong rebound last week, indicating that the decline from 193.45 may have concluded at 183.70. The rebound from this level is viewed as the...
Household Incomes Surged by 17% in in Just 1 Year
Household incomes in the United States experienced a significant surge in 2023, with the national median income increasing by approximately 4% according to the latest Census Bureau Current Population Survey estimates. While this may...
Fed’s Harker: Assessment of the Federal Reserve’s Performance in Managing the Economy
Federal Reserve President Patrick Harker recently delivered a speech at Tulane University, where he discussed the Federal Reserve's performance in managing the economy. While the current outlook was not explicitly mentioned, Harker touched on...
Weekly Forecast and Analysis for USD/CAD Currency Pair – Action Forex
USD/CAD Weekly Forecast and Analysis: Potential for Rebound Amidst UncertaintyThe USD/CAD currency pair experienced some fluctuations last week, edging higher to 1.3646 before facing resistance above the 38.2% retracement level at 1.3633. Despite the...
Investment Trends: Middle Eastern Funds Pour Billions into Top AI Start-Ups
Sovereign Wealth Funds from the Middle East Driving AI InvestmentsSovereign wealth funds from the Middle East have been making significant investments in Silicon Valley's artificial intelligence startups, signaling a shift towards diversification and tech...
Weekly Market Forecast: US PCE, Global PMIs, RBA, SNB, and Australian CPI | Forexlive
Weekly Market Forecast: US PCE, Global PMIs, RBA, SNB, and Australian CPIAs we look ahead to the upcoming week, there are several key events and data releases that will likely impact the global markets....