Tag: Business

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BOE Governor Bailey: Services Inflation Needs to Decrease Broadly | Forexlive

BOE Governor Andrew Bailey emphasized the need for a decrease in services inflation during a recent speech. He highlighted the importance of addressing inflation...
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Spain October Services PMI Misses Expectations with a Reading of 54.9

In October, Spain's services sector experienced a slight weakening in growth momentum, with a PMI reading of 54.9, falling short of expectations set at...
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Bitcoin Surges to All-Time High Amid U.S. Election Updates

Bitcoin has reached a new all-time high, surpassing the previous peak set on 14 March. The price of Bitcoin surged past $75,300 per coin,...
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USDCAD Price Action Approaches Hourly Moving Averages

The USDCAD had a downward movement and tested the support level at 1.3813 towards the end of the trading day, hitting a low of...
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BoJ Minutes: Yen Stabilization Allows Monitoring of Global Economic Risks

The Bank of Japan recently held a meeting in September where they discussed their monetary policy in light of global economic uncertainties. During the...
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EURUSD Price Analysis: Buyers Pushing to New Highs Near Resistance Cluster

The EURUSD continues to rise, despite the release of stronger services ISM non-manufacturing data today. Employment numbers have increased, while new orders and prices...
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ISM Services Index Reaches 27-Month High in October

The ISM Services index surprised analysts by rising to 56.0 in October, exceeding the expected pullback to 53.8. This marks the highest level since...
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US Trade Deficit Widens Slightly in September to $84.4 Billion

In September, the US trade deficit widened slightly to $84.4 billion, compared to the prior deficit of $70.4 billion. The increase in the deficit...
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EUR/USD Forecast: Mid-Day Analysis and Outlook – Action Forex

The EUR/USD pair is showing a slightly upward bias during the day as it continues to rebound from the short-term bottom of 1.0760. However,...
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European Equities Stagnant at Market Open | Forexlive

European equities showed little movement at the market open today, indicating a sense of stagnation in the market. Investors are advised to proceed with...

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