Tag: Economic indicators
Worst Non-Farm Payrolls Reading Since 2020: Forexlive Americas FX News Wrap
The latest economic data in the US has caused some turbulence in the markets. The US October non-farm payrolls came in at +12K, falling...
Canadian Jobs Data Impact by Hiring Demand and U.S. Fed Cuts – Action Forex
The Canadian job market is expected to show signs of continued weakness in the upcoming employment report for October. While there may be an...
US Manufacturing PMI Drops to 46.5, Prices Surge – Action Forex
The US manufacturing sector experienced a decline in October, with the ISM Manufacturing PMI dropping from 47.2 to 46.5. This was below the expected...
ECB’s Panetta Urges Easing Amid Inflation Decline and Economic Weakness – Action Forex
Italian ECB Governing Council member Fabio Panetta recently spoke about the importance of easing monetary conditions in the Eurozone due to concerns about economic...
Eco Data Report 10/30/24 – Forex Market Analysis
In the latest Eco Data Report, several key events and their corresponding data were analyzed in the Forex Market. Let's take a closer look...
EUR/USD Analysis and Forecast: Key Updates and Trends – Action Forex
The EUR/USD pair experienced a notable fall recently after being rejected by the 55 4-hour Exponential Moving Average (EMA) at 1.0832. Despite this, it...
Best Day of the Year for Stock Markets: Forexlive Analysis and Insights
According to Carson Investment Research, October 28 has historically been the best day of the year for the S&P 500. While daily averages may...
AUD/USD Weekly Analysis and Forecast – Action Forex
The Australian dollar to US dollar (AUD/USD) pair continued its decline last week, dropping from 0.6941. The breach of the 0.6621 resistance level indicates...
Decisive Week for USD: NFP, BoJ Meeting – Action Forex
This week is crucial for the US dollar as several key events are set to take place. The Federal Reserve has shifted to a...
Warning: BoE’s Mann Predicts Prolonged Services Inflation – Action Forex
At a recent event, Catherine Mann, a member of the Bank of England's Monetary Policy Committee, discussed the challenges surrounding services inflation. According to...