Tag: Economic data analysis
Data Analysis: Predicting December Rate Cut – Weekly Bottom Line | Action Forex
Canadian Labor Market Report
This week, the Canadian labor market report sent shockwaves through Bay Street, as the unemployment rate climbed to 6.8% - its...
Federal Reserve’s Williams Discusses Transition to Neutral Policy, Data-Driven Timing – Action Forex
Federal Reserve's Williams Discusses Transition to Neutral PolicyNew York Fed President John Williams addressed the public in a speech yesterday, shedding light on the...
US Retail Sales in Focus as Yen Rebounds: Forexlive Americas FX News Wrap
The focus was on US retail sales for October, which came in lower than expected at -0.1% compared to the expected +0.3%. Despite the...
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...
Gold price reaches new high in early Asia trade on October 21, 2024
Gold prices surged to a new high in early Asia trade on October 21, 2024. This increase in gold prices has caught the attention...
ECB Rate Cut Review: Implications and Outlook – Action Forex
Today, the European Central Bank (ECB) announced its third rate cut of the year, bringing the deposit rate to 3.25%. This decision was in...
EUR/USD Three-Week Low: ECB Easing Expectations – Forex Market Update
The EUR/USD pair has dropped to 1.1027, hitting a three-week low due to expectations of the European Central Bank (ECB) continuing to ease monetary...
USD/JPY Rally Resumes Ahead of US Nonfarm Payrolls Report
The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with...
US Services Sector Sees Growth Surge in September – Action Forex
The US services sector experienced a significant surge in growth during the month of September, according to the latest ISM Services index. The index...
Ignoring Recession Signals: Why Some Economists Are Not Concerned
Ignoring Recession Signals: Why Some Economists Are Not ConcernedRecession signals have been flashing recently, alarming market watchers and causing economists to ponder what, if...
BREAKING NEWS
HSBC: Top FX Bank in APAC for FX Markets
In the world of FX trading in Asia-Pacific (Apac), things are really heating up with volumes skyrocketing due to increased volatility. HSBC, a major...
