Tag: Business

news-05112024-232459

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...
news-05112024-172354

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...
news-05112024-172324

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,...
news-05112024-111809

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...
news-05112024-051210

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)....
news-05112024-051139

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....
news-04112024-231013

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...
news-04112024-230943

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...
news-04112024-170725

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...
news-04112024-170654

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...