Tag: Economic indicators
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...
Japan Flash PMIs for October: Manufacturing at 49.0, Services at 49.3 | Forexlive
The Japan Flash PMIs for October have been released, with the manufacturing sector at 49.0 and the services sector at 49.3. These numbers indicate...
USD/JPY Rises Above 150: Verbal Intervention Threat
Mizuho mentioned in their weekly outlook that there is a threat of verbal intervention as USD/JPY rises above 150. This is definitely something to...
UK’s Consumption Puzzle and Monetary Easing: Insights from BoE’s Greene
In a recent article for the Financial Times, Megan Greene, a member of the BoE's MPC, shed light on the challenges surrounding the UK's...
RBA’s Hauser Indicates No Immediate Rate Cuts Due to High Inflation – Action Forex
RBA Deputy Governor Andrew Hauser made it clear today that the central bank is not considering immediate rate cuts due to high inflation levels....
Weekly Market Recap: Major Indices Close Higher and Up for the Week
The stock market had a positive week with major indices closing higher. The Nasdaq showed the strongest performance, leading the way for the Dow...
BoC Rate Cuts Accelerate, Flash PMIs Key for Growth – Action Forex
The Bank of Canada is expected to make a significant rate cut of 50 basis points at its October meeting, based on recent CPI...
Bostic Projects Neutral Policy Rate Between 3-3.50% | Forexlive
Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially with...
EURGBP Market Analysis: Weekly News Update (Oct 14 – Oct 18) – Action Forex
The EURGBP pair, also known as the “Chunnel” by traders, is a popular currency pair that reflects the economic relationship between the Eurozone and...