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news-01122024-122424

US Dollar’s Fate Hinges on NFP: Markets Weekly Outlook

US equities had a strong finish last week, especially in the tech and retail sectors, leading to record highs for the S&P 500. However,...
news-01122024-062200

Eurozone Inflation Rise Impact on Euro – Action Forex

The euro remained relatively stable on Friday, with EUR/USD trading at 1.0564, showing a slight increase of 0.09% during the European session. With no...
news-01122024-002059

Canadian Dollar Stable as Investors Await GDP Data – Action Forex

The Canadian dollar has remained stable in the past few trading days, but there could be some movement today with the release of Canada's...
news-30112024-181945

USD/JPY Forecast: Breaks Key Support as BoJ Rate Hike Expectations Rise

The USDJPY pair experienced a significant drop to a six-week low on Friday, driven by increased expectations of a Bank of Japan rate hike...
news-30112024-121901

USD/JPY Technical Analysis: Medium-Term Corrective Decline Ahead

Yen strength has continued to persist, supported by an increase in Tokyo's core-core inflation rate to 1.9% y/y in November. This has led to...
news-30112024-061519

Political Risks in France: Weekly Update and Analysis – Action Forex

This week was full of geopolitical events and political risks, especially in France. President-elect Donald Trump announced tariffs on imported goods from Canada, Mexico,...
news-30112024-001407

Traders’ Focus: NFP Report after Thanksgiving – Weekly Market Update

Traders are eagerly awaiting the release of the Nonfarm payrolls (NFP) report after the Thanksgiving holidays, as it could have a significant impact on...
news-29112024-181322

Canada’s Q3 GDP Growth Slows to 0.3%, Per Capita Output Declines for Sixth Consecutive...

Canada's economy saw a slowdown in growth during the third quarter of the year, with a 0.3% increase compared to the previous quarter. This...
news-29112024-121114

Yen Strengthens as Japan’s Core Inflation Surges

The Japanese yen strengthened significantly on Friday following a robust inflation report. During the European trading session, the USD/JPY pair was trading at 150.19,...
news-29112024-061005

GBPUSD Wave Analysis: Forecast, Trends, and Strategies – Action Forex

GBPUSD saw a turnaround from the support level of 1.2500 and is likely to move up towards the resistance level of 1.2720. The currency...

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