Tag: Economic forecasts

Canada - BoC Cuts Rates, Signals UncertaintyIn a bold move this week, the Bank of Canada (BoC) lowered its policy rate by 50 basis points to 3.25%. This marks the second consecutive significant cut,...

On November 15, 2024, several economic indicators were released, impacting the forex markets. Let's take a closer look at some of the key data points.Starting with New Zealand, the Business NZ PMI for October...

Today, the major currencies are relatively stable, with small fluctuations continuing. Market participants are eagerly awaiting key US data this week, as the European session appears to be a bit quiet for now. Let's...

Jerome Powell, the chairman of the Federal Reserve, is known for his steady leadership. However, his recent decision to keep interest rates at 5.25-5.5% on July 31st raised concerns after weak employment data was...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand the risks involved before deciding to trade in the forex market. Leverage can amplify...