Tag: Economic indicators
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...
ISM Services Index Surges in Forex Market Update
The US dollar strengthened as the ISM services report showed a significant increase, reaching its highest level since February 2023. However, there was a...
EUR/USD Update: Euro Vulnerable on Rate Cut Bets and Safe Haven Flows
The Euro's attractiveness has decreased recently due to expectations of rate cuts by the European Central Bank (ECB). This is influenced by weaker economic...
Fed credibility at stake: David Tepper urges for two to three more rate cuts
Doubts Surrounding Fed's Credibility
David Tepper, the founder and president of Appaloosa Management, recently voiced concerns about the credibility of the Federal Reserve and urged...
Consumer Confidence Index Drops Sharply in September
The Consumer Confidence Index, a key indicator of consumers' perception of the economy, saw a sharp decline in September according to the latest report...
Stock Market Update: NASDAQ and S&P Indices Finish Week with Five Consecutive Days of...
Stock Market Update: NASDAQ and S&P Indices Finish Week with Five Consecutive Days of GainsIn a week that saw significant volatility in the stock...
Forexlive FX News Wrap: Stocks Close 5-Day Streak, FOMC Next Week
Stock Market PerformanceThe stock market closed out the week on a high note, with both the NASDAQ and S&P indices posting gains for five...
Sunset Market Analysis: Actionable Insights for Forex Traders
Sunset Market Analysis: Insights for Forex TradersAs the sun sets on another day in the financial markets, traders are left sifting through the noise...
UK Employment Data: Market Caution and Analysis – Action Forex
The UK Employment Data: Market Caution and AnalysisIn the world of forex trading, the markets have been experiencing a sense of caution and analysis...
July Job Openings Decline, Indicating Labor Market Softening
The Labor Market Softens as Job Openings Decline in JulyIn a recent report released by the Labor Department, it was revealed that job openings...