Tag: Economic indicators analysis
ECB President Lagarde Happy with Inflation Progress, Monitoring Growth Impact – Action Forex
At an event held today, ECB President Christine Lagarde shared her satisfaction with the current inflation levels, noting that the central bank is pleased that inflation has dropped below the 2% target. Despite this...
Eco Data Analysis: Key Insights for Forex Traders 10/23/24
The latest Eco Data Analysis provides key insights for Forex traders to consider. Here is a breakdown of the recent economic events: 1. CAD BoC Interest Rate Decision: - Actual: 3.75% - Forecast: 4.25% The Bank of Canada...
Eco Data Forecast for October 22, 2024 – Action Forex
On October 22, 2024, there are several economic data releases to keep an eye on. Let's take a closer look at the forecasts and actual figures for some key events. Starting with New Zealand, the...
Weekly Forex Market Analysis (14-18 October) | Forexlive
The upcoming week is filled with important events that could impact the forex market. Let's take a closer look at what to expect: Monday: Key Fed governor Christopher Waller's comments on potential rate cuts based on...
Fed’s Williams Expects Gradual Shift Towards Neutral Policy – Action Forex
New York Fed President John Williams spoke today about the future direction of monetary policy, indicating that there will be a gradual shift towards a more neutral stance in the coming months. This aligns...
NZDUSD Technical Analysis: Greenback Support Ahead of US CPI
The US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate cuts. This week, the greenback continued to rise as the...
US Stock Market Gains Boosted by Strong Jobs Data | Forexlive
US stocks saw a boost despite rising yields thanks to strong jobs data and a tentative agreement reached by striking dockworkers. Here's a breakdown of the closing levels: - The Dow industrial average increased by...
