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news-23102024-152510

GBPUSD Forecast: Will the Pound See Another Surge? – Action Forex

GBPUSD has been on a downward trend for the past four weeks, dropping below the 1.3000 mark and hitting a new low of 1.2943....
news-23102024-092500

European Economic Calendar: Key Events and Data Releases Today

As we turn our focus to European trading, the Japanese yen is making waves in the market. Key technical resistance levels are starting to...
news-23102024-092423

Investors Seek Safe Havens Amid Middle East Unrest – Action Forex

Today, the Bank of Canada announced its October monetary policy decision. The expectation was for a 50 basis point rate cut to 3.75%, but...
news-23102024-032402

PBOC Expected to Set USD/CNY Reference Rate at 7.1262 – Reuters Estimate

The People's Bank of China is expected to set the USD/CNY reference rate at 7.1262 according to a Reuters estimate. This reference rate, due...
news-23102024-032330

Eco Data Analysis: Key Insights for Forex Traders 10/23/24

The latest Eco Data Analysis provides key insights for Forex traders to consider. Here is a breakdown of the recent economic events:1. CAD BoC...
news-22102024-212300

ECB’s Rehn Warns of Weakened Growth Outlook and Rising Deflationary Pressure

The European Central Bank (ECB) has issued a warning regarding the weakened growth outlook and rising deflationary pressure in the economy. This caution comes...
news-22102024-212227

ECB President Lagarde Confident Inflation Will Reach 2% by 2025

At a recent Bloomberg Newsmaker event, European Central Bank President Christine Lagarde shared her optimism about inflation reaching 2% by 2025. Lagarde confidently stated...
news-22102024-152146

European FX Market Update: Volatile Trading Due to Lack of Catalysts | Forexlive

The European FX market saw a bit of a slow start today, with stocks edging lower in the morning trade. Major currencies didn't show...
news-22102024-152114

Bears Eye Break Below Daily Cloud Base in Cable Consolidation – Action Forex

Cable, which refers to the British Pound against the US Dollar, is currently in a consolidation phase around the key support level of 1.30....
news-22102024-092058

Euro Stoxx Futures Rise Slightly in Early European Trading

Euro Stoxx futures saw a slight increase in early European trading, indicating a positive start for the day. However, it is important to note...

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