Tag: Business

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US Dollar Strengthens as Yields Ease – Forexlive Americas FX News Wrap

The US Dollar strengthened as yields eased on Friday, with various economic indicators and market movements shaping the day's events. In Canada, the October...
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Gold Price Forecast: Analyzing Potential Corrections and Opportunities

Gold prices experienced a significant drop of over 3% following the announcement of the presidential election results, resulting in cumulative losses exceeding 5% from...
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Baker Hughes Oil Rigs Hold Steady at 479 for the Week

Baker Hughes, a leading oilfield services company, reported that the number of active oil rigs in the United States held steady at 479 for...
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US CPI Data to Drive Market Focus in Coming Week

After the surprising return of Donald Trump to the White House, the markets are experiencing a period of euphoria. Wall Street, Bitcoin, and the...
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BOE’s Policy and Rate Cuts: Impact of Disinflation on Forex Trading

The recent news from the Bank of England (BOE) regarding their policy and potential rate cuts has been causing a stir in the forex...
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Ethereum Rally Halts at Crucial Resistance Level – Action Forex

Ethereum has been seeing a positive trend in its value following the US presidential election results. The cryptocurrency managed to climb above the 2,810...
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EUR/USD Daily Analysis: Forex Forecast and Trading Strategies

The EUR/USD daily analysis shows that the forex forecast and trading strategies are currently in a consolidation phase. The intraday bias for the EUR/USD...
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Bitcoin Price Forecast: JP Morgan Predicts 8-Week Rally Due to ‘Trump Trade’

Bitcoin price forecast: JP Morgan predicts an 8-week rally due to the 'Trump Trade'According to JP Morgan, the price of Bitcoin is expected to...
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Beware of Federal Reserve’s Hawkish Stance: Impact on Forex Trading

The Federal Reserve's hawkish stance is something that forex traders need to keep an eye on. The FOMC statement is about to be released,...
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October CPI Preview: Disinflation Challenges Ahead – Action Forex

The October Consumer Price Index is expected to show slow progress in reducing inflation. The headline CPI is projected to have increased by 0.2%...

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