Tag: Action Forex

news-26102024-155803

USD Breaks Key Resistance with 10-Year Yield Surge – Action Forex Analysis

The Dollar emerged as the clear winner in the currency markets last week, with both the Dollar Index and the 10-year US Treasury Yield...
news-25102024-094627

Euro vs. US Dollar Outlook: Analyzing Divergence and Impact on Forex Trading

Stock markets in both Europe and the US saw positive movements on Thursday following some strong earnings reports. Companies like Hermes, Barclays, Unilever, Renault,...
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S&P 500 Index Wave Analysis: Expert Insights and Predictions

The S&P 500 index has recently seen a reversal from a support zone, indicating a potential upward trend. This support zone is located between...
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Warning: BoE’s Mann Predicts Prolonged Services Inflation – Action Forex

At a recent event, Catherine Mann, a member of the Bank of England's Monetary Policy Committee, discussed the challenges surrounding services inflation. According to...
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Eurozone PMI Impact on Eurozone Currency Trends – Action Forex

On Thursday, S&P Global released preliminary estimates for the October PMI across major regions. In Europe, this data holds significant importance as it tends...
news-24102024-094210

Tesla’s Victory Boosts Nasdaq Futures – Latest Updates and Analysis

The past few days have been tough for investors due to US political uncertainties, geopolitical tensions in the Middle East, and expectations that the...
news-24102024-034132

Eco Data Update: October 24, 2024 – Action Forex

The Eco Data Update for October 24, 2024, provides a snapshot of various economic indicators across different countries. Let's take a closer look at...
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-23102024-092423

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...
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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...