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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...
news-22102024-092026

US Election Risks Leave Aussie Unsettled – Forex Market Analysis

AUD/USD is starting the week on shaky ground, trading at its lowest levels in over five weeks in the mid-0.66s. This week's economic calendar...
news-22102024-031655

USD/JPY Rises Above 150: Verbal Intervention Threat

Mizuho mentioned in their weekly outlook that there is a threat of verbal intervention as USD/JPY rises above 150. This is definitely something to...
news-22102024-031625

Eco Data Forecast for October 22, 2024 – Action Forex

On October 22, 2024, there are several economic data releases to keep an eye on. Let's take a closer look at the forecasts and...

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news-30102024-103849

Eurostoxx Futures Decline 0.1% in Early European Trading

Eurostoxx futures saw a slight decline of 0.1% in early European trading. German DAX futures were down by 0.2% while UK FTSE futures showed...

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