US Services Sector Sees Growth Surge in September – Action Forex
The US services sector experienced a significant surge in growth during the month of September, according to the latest ISM Services index. The index...
European Central Bank Likely to Cut Rates to 1% Due to Economic Factors
The European Central Bank is considering cutting interest rates to 1% due to current economic factors. This decision could have a significant impact on...
Sunset Market Analysis: Latest Updates and Insights for Forex Traders
Oil markets experienced significant volatility today, with Brent prices initially rising by 3.5% before settling at a 2.7% increase. This surge was in response...
NZDUSD Trades Towards Yesterday’s Low: Sellers in Action
The NZDUSD currency pair is currently on a downward trend, reaching new lows for the day and retesting the previous day's low around 0.6263....
EUR/USD Update: Euro Vulnerable on Rate Cut Bets and Safe Haven Flows
The Euro's attractiveness has decreased recently due to expectations of rate cuts by the European Central Bank (ECB). This is influenced by weaker economic...
Understanding the Federal Reserve Interest Rate Cut and Rising Treasury Yields
The Federal Reserve Interest Rate Cut and Rising Treasury Yields: What You Need to KnowAs construction work continues around the Federal Reserve building in...
EURUSD Price Approaches Resistance Level in Forex Trading
EURUSD Price Approaches Resistance Level in Forex TradingThe EURUSD pair experienced a day of volatile price action, with fluctuations that kept traders on their...
EUR/USD Forecast: Mid-Day Analysis and Updates – Action Forex
EUR/USD Forecast: Mid-Day Analysis and Updates - Action ForexThe EUR/USD pair continues to trade with a neutral bias for consolidations below the key resistance...
Fed credibility at stake: David Tepper urges for two to three more rate cuts
Doubts Surrounding Fed's Credibility
David Tepper, the founder and president of Appaloosa Management, recently voiced concerns about the credibility of the Federal Reserve and urged...
US Pending Home Sales for August Fall Short of Expectations
US Pending Home Sales for August Fall Short of ExpectationsThe latest data on pending home sales in the United States for August has shown...