Tag: Business

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GBP Outlook: Rate Cuts vs. Fiscal Confidence – Cross Currents | Forexlive

The Bank of England's upcoming decision on interest rates is expected to have a significant impact on the value of the British Pound (GBP). According to MUFG, the slower pace of interest rate cuts...
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China’s Caixin PMI Composite Rises to 51.9, Policy Impact Shows – Action Forex

China's Caixin Services PMI saw a significant rise to 52.0 in October, surpassing expectations and showing the highest rate of growth in three months. This growth is part of a continued expansion trend that...
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Credit Agricole: November RBA Meeting Expectations | Forexlive

Credit Agricole is predicting that the Reserve Bank of Australia (RBA) will keep interest rates steady during the upcoming meeting. This decision is based on the fact that Australian inflation and economic activity data...
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Sunset Market Analysis: Latest Updates and Trends on Action Forex

The US presidential election polls continue to dominate discussions in the market, causing some volatility in trading sessions. Last week, Trump's lead in prediction models was diminished by swing-state polls, resulting in both candidates...
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Oil Prices Surge to One-Week High After OPEC+ Delay | Forexlive

Oil prices surged to a one-week high after OPEC+ decided to extend voluntary production curbs for another month. This decision caused oil to gap 80 cents higher at the Asian open and continue its...
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USD/JPY Forecast: Mid-Day Analysis and Outlook – Action Forex

The USD/JPY pair continues to trade in a range, with the intraday bias remaining neutral. It is anticipated that there will be another increase as long as the support at 151.44 is maintained. If...
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Impact of the Paris Olympics on 5 Companies: Analysis and Insights

The 2024 Summer Olympics are currently taking place in and around Paris until August 11. This event is not only a time for sports fans to support their countries' athletes but also has significant...

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