Tag: Business
US Dollar’s Fate Hinges on NFP: Markets Weekly Outlook
US equities had a strong finish last week, especially in the tech and retail sectors, leading to record highs for the S&P 500. However,...
Eurozone Inflation Rise Impact on Euro – Action Forex
The euro remained relatively stable on Friday, with EUR/USD trading at 1.0564, showing a slight increase of 0.09% during the European session. With no...
Canadian Dollar Stable as Investors Await GDP Data – Action Forex
The Canadian dollar has remained stable in the past few trading days, but there could be some movement today with the release of Canada's...
USD/JPY Technical Analysis: Medium-Term Corrective Decline Ahead
Yen strength has continued to persist, supported by an increase in Tokyo's core-core inflation rate to 1.9% y/y in November. This has led to...
Traders’ Focus: NFP Report after Thanksgiving – Weekly Market Update
Traders are eagerly awaiting the release of the Nonfarm payrolls (NFP) report after the Thanksgiving holidays, as it could have a significant impact on...
Canada’s Q3 GDP Growth Slows to 0.3%, Per Capita Output Declines for Sixth Consecutive...
Canada's economy saw a slowdown in growth during the third quarter of the year, with a 0.3% increase compared to the previous quarter. This...
GBPUSD Wave Analysis: Forecast, Trends, and Strategies – Action Forex
GBPUSD saw a turnaround from the support level of 1.2500 and is likely to move up towards the resistance level of 1.2720. The currency...
Sunset Market Analysis: Latest Updates and Trends in Forex Trading
The focus in the markets shifted to Europe as US markets were closed for Thanksgiving. Inflation data from Belgium, Spain, and Germany was released...
EUR/USD Forecast: Mid-Day Analysis and Insights for Action Forex Traders
EUR/USD is currently trading within the range of 1.0330 to 1.0609. The short-term bias is neutral with a preference for further decline. A break...
Boost Your Forex Strategy with New Zealand Business Confidence Insights
Businesses in New Zealand are feeling optimistic about the upcoming year, with the latest survey showing that business confidence remains high. The November 2024...