Bank of Canada Announces Unprecedented 50 Basis Point Interest Rate Cut – Action Forex
The Bank of Canada made an unexpected move by cutting interest rates by 50 basis points, bringing the overnight rate to 3.75% from 4.25%....
USD/JPY Price Drops Today But Buyers Maintain Control | Forexlive Trading Analysis
The USD/JPY price experienced a slight drop today, but buyers are still in control of the situation. Looking at the near-term chart, a 30...
UK Retail Sales Boost Pound Value – Forex Market Update
The British pound continued to rise on Friday, with GBP/USD trading at 1.3046, up 0.27% for the day. This increase in value is attributed...
FX Option Expiries Analysis: 18 October 10am NY Cut – Forexlive
There is only one FX option expiry worth noting on this day, which is at the 1.0850 level for the EUR/USD pair. Although this...
USD/CHF Daily Forecast: Key Analysis and Updates for Traders
The USD/CHF pair continues to show an upward bias in trading as the rise from 0.8374 is ongoing. If there is a sustained break...
USD/JPY Unaffected by Japan’s September Inflation Data – Forexlive
The USD/JPY exchange rate was not affected by Japan's September inflation data, according to a report by Forexlive. Foreign exchange trading is risky and...
ECB Rate Cut Review: Implications and Outlook – Action Forex
Today, the European Central Bank (ECB) announced its third rate cut of the year, bringing the deposit rate to 3.25%. This decision was in...
AUDUSD Technical Analysis: Breakout or Fakeout Prediction | Forexlive
The US Dollar has been gaining strength this week despite lower Treasury yields and limited economic data. Stanley Druckenmiller suggested that the market may...
Eurozone Trade Data: Goods Exports and Imports Decline in August
Eurozone trade data for the month of August revealed a decline in both goods exports and imports. Goods exports decreased by 2.4% year on...
FX Option Expiries for 17 October 10am NY Cut | Forex Live Trading
On Thursday, the 17th of October 2024, at 5:30 GMT, there is a significant FX option expiry to pay attention to, especially for the...
