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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...
news-29112024-000913

Sunset Market Analysis: Latest Updates and Trends in Forex Trading

The focus in the markets shifted to Europe as US markets were closed for Thanksgiving. Inflation data from Belgium, Spain, and Germany was released...
news-28112024-180053

EUR/USD Forecast: Mid-Day Analysis and Insights for Action Forex Traders

EUR/USD is currently trading within the range of 1.0330 to 1.0609. The short-term bias is neutral with a preference for further decline. A break...

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