Tag: Economic indicators
GBP/USD Market Analysis: Dive vs. EUR/GBP Strength – Action Forex
GBP/USD has started a fresh decline from the 1.2860 resistance zone, indicating bearish signs below the 1.2800 support level. On the hourly chart of GBP/USD at FXOpen, there is a key bearish trend line...
Analyzing the August Income Sell-Off: Key Insights and Strategies
August has historically been a challenging month for the market, and this year was no exception. The month started with significant price movements, causing concern among investors. In a recent analysis, it was predicted...
Fed’s Interest Rate Cuts: Key to Preventing Recession – Market Outlook
Federal Reserve Chairman Jerome Powell and the rest of the central bank are facing a critical decision that could impact the economy and the financial markets. The recent turbulence on Wall Street has raised...
Fed Put Success: Analyzing the Impact on Forex Markets
Yesterday, Jeremy Siegel, a Warton Professor known for his market commentary, made a bold call for an emergency 75 basis point Fed cut, followed by another 75 bps in September. However, with the Atlanta...
JP 225 Index Recovery Attempt After 20% Crash – Market Update
Japan's 225 stock index, also known as the JP 225 index, took a significant hit recently, dropping by a staggering 21% to reach a 10-month low of 30,361. This sharp decline was attributed to...
Nikkei Index Surges with Record Single-Day Jump in Points
Japan experienced a significant turnaround in the stock market as the Nikkei 225 and the Topix rebounded after a steep drop in the previous session. The Nikkei 225, which had seen its largest loss...
Today’s Key Events in the Forex Market
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...
Navigating the Volatility: Understanding the Rollercoaster Ride of Japanese Stocks
Global markets have been experiencing high levels of volatility due to fears of an American recession. This volatility has been particularly evident in Japan, where the Topix index plummeted by 12% on August 5th,...
EUR/USD Daily Forecast: Latest Analysis and Updates
The EUR/USD pair has been showing an upward trend, with the intraday bias still tilted towards the upside as long as the minor support at 1.0932 holds. This current uptrend is seen as a...
Chicago Fed President Goolsbee’s Plan to Fix Deteriorating Economy
Chicago Federal Reserve President Austan Goolsbee recently addressed concerns about the deteriorating economy during an interview at Jackson Hole on August 8, 2023. Goolsbee emphasized that the central bank would closely monitor any signs...
