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Canadian GDP Growth in July Below BoC Forecast: Action Forex Analysis
Canadian GDP Growth in July Below BoC Forecast Canada’s gross domestic product report for July, set to be released next Friday, will be closely watched by economists and policymakers to gauge whether the slowdown in...
Tech Giants Tesla and Nvidia Drive Nasdaq to Strong Gains Following Fed Rate Cut...
Tech Giants Tesla and Nvidia Drive Nasdaq to Strong Gains Following Fed Rate Cut in 2024 Tech stocks soared on Thursday, following the Federal Reserve's decision to cut its benchmark interest rate for the first...
GBP/JPY Forecast: Latest Analysis and Predictions for Today’s Trading – Action Forex
GBP/JPY Forecast: Analyzing Today's Trading Trends The GBP/JPY currency pair is currently showing an intraday bias towards the upside as it continues to rise from the 183.70 level. This upward movement is being viewed as...
Asia-Pacific Forex Market Update: USD/JPY Slightly Lower | ForexLive
The Asia-Pacific Forex market saw some interesting developments recently, with various key events impacting currency movements. Here is a detailed update on the latest news and trends in the region: ### Key Developments in the...
Federal Reserve Cuts Interest Rates by 0.5% in First Easing Move in 4 Years
The Federal Reserve made a historic move on Wednesday, cutting interest rates by 0.5% in its first easing move in four years. This decision comes as the central bank aims to prevent a slowdown...
Fed Rate Cuts Begin: Forexlive Americas FX News Wrap 18 Sep
Fed Rate Cuts Begin: Forexlive Americas FX News Wrap 18 Sep The Federal Reserve Bank kicked off the easing cycle with a significant cut of 50 basis points, marking a shift in policy stance away...
Boeing Furloughs Employees Due to Machinist Strike: Impact and Updates
Boeing Furloughs Employees Due to Machinist Strike: Impact and Updates In a significant move, Boeing has announced plans to furlough a "large number" of U.S. executives, managers, and other staff members in response to the...
Federal Reserve Cuts Interest Rate by 50bps, Bowman Sole Dissenter – Action Forex
Federal Reserve Cuts Interest Rate by 50bps, Bowman Sole Dissenter The Federal Reserve made a significant move today by cutting the federal funds rate by 50 basis points to a range of 4.75-5.00%. This decision...
GBPUSD Reverses After Hitting Target Level Before FOMC Meeting
GBPUSD Makes a Volatile Move Before FOMC Meeting The GBPUSD experienced a significant move in the early US session, breaking above a key resistance area between 1.3221 and 1.3230. This move was discussed in detail...
NZDUSD Dominates Ahead of FOMC Rate Decision – Action Forex
NZDUSD Bulls Assert Dominance Ahead of FOMC Rate Decision The NZDUSD pair has been showing strength in the markets as investors eagerly await the Federal Open Market Committee (FOMC) rate decision. Bulls have managed to...