Tag: Economic indicators

The EUR/AUD currency pair has been experiencing a downward trend, with the recent decline from 1.6598 to 1.6161 indicating a bearish bias. The intraday outlook suggests that the pair may continue to fall towards...

The Australian Dollar (AUD) continued to decline against the US Dollar (USD) and tested the 0.6440 support level. However, it managed to bounce back above a bearish trend line with resistance at 0.6480 on...

On November 19, 2024, various economic events took place around the world. Let's take a closer look at the data and forecasts for the day.Starting with the Reserve Bank of Australia (RBA) Meeting Minutes...

The EUR/USD pair is currently experiencing a neutral bias for the day, with a possibility of more consolidations. However, the overall outlook remains bearish as long as the 1.0760 support turned resistance level is...

Next week, there are several important economic events to keep an eye on. On Monday, the US NAHB Housing Market Index will be released. Tuesday will bring the RBA Meeting Minutes, Canada CPI, US...

Canada's inflation report for October is set to be released soon, and all eyes are on it after it fell below the Bank of Canada's 2% target for the first time since 2021 in...

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...

The AUD/USD pair started the week on a stable note, trading around 0.6590 after experiencing a notable drop last Friday due to concerns about China's economic stimulus measures. Investors were left wanting more details...

The Bank of Japan recently released a summary of their October meeting, sparking a debate on the timing of a potential rate hike. According to Reuters, the Summary revealed that there is a division...

Next week is packed with important economic events that could impact the global markets. On Monday, the Bank of Japan will release its Summary of Opinions. Tuesday will bring key reports including the UK...