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news-04102024-211740

NZDUSD Forecast: RBNZ Expected to Cut Rates by 50 BP

The Reserve Bank of New Zealand (RBNZ) is set to hold a meeting next week, with expectations running high for a significant 50 basis...
news-04102024-211709

US Dollar Strengthens as Focus Shifts to CPI Inflation – Weekly Preview

The US dollar made a strong comeback this week due to positive economic data and safe haven flows after tensions in the Middle East....
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Iran Leader Khamenei’s Response to Israel Will Be Deliberate and Timely

Iran's Supreme Leader, Ayatollah Ali Khamenei, has responded to Israel's actions by stating that Iran's response will be deliberate and timely. This statement comes...
news-04102024-115427

EUR/USD Three-Week Low: ECB Easing Expectations – Forex Market Update

The EUR/USD pair has dropped to 1.1027, hitting a three-week low due to expectations of the European Central Bank (ECB) continuing to ease monetary...
news-04102024-055337

Bitcoin vs Gold: Standard Chartered’s Analysis on Safe Haven Assets

Bitcoin and gold are both considered safe haven assets, but they have distinct characteristics that appeal to different investors. In a recent analysis by...
news-04102024-055309

USD/JPY Rally Resumes Ahead of US Nonfarm Payrolls Report

The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with...
news-03102024-233302

ISM Services Index Surges in Forex Market Update

The US dollar strengthened as the ISM services report showed a significant increase, reaching its highest level since February 2023. However, there was a...
news-03102024-233232

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...
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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...
news-03102024-002913

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...

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news-27112024-115157

US 100 Index Rally Stalls: What’s Next for Traders?

The US 100 index is currently trading sideways, just below its all-time high, as it grapples with the August 5, 2024 trendline. Market sentiment...

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