Tag: Economic indicators

news-12102024-130056

Federal Reserve President Mester: Neutral Rate Higher than Before | Forexlive

Federal Reserve President Mester recently stated that the neutral interest rate is higher than before. This statement has significant implications for the financial markets...
news-09102024-122850

GBPUSD Price Action Analysis: US CPI Data Impact on Rangebound Trading | Forexlive

The USD saw a rise in value last Friday after a strong US NFP report. This caused the market to adjust its expectations for...
news-07102024-214129

US Stock Market Update: Stocks Hit Daily Lows | Forexlive

The stock market in the US is currently experiencing a downward trend, with major indices hitting daily lows. The Dow industrial average is leading...
news-06102024-093331

EUR/USD Weekly Forecast – Action Forex

EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near...
news-04102024-055309

USD/JPY Rally Resumes Ahead of US Nonfarm Payrolls Report

The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with...
news-03102024-233302

ISM Services Index Surges in Forex Market Update

The US dollar strengthened as the ISM services report showed a significant increase, reaching its highest level since February 2023. However, there was a...
news-02102024-182418

EUR/USD Update: Euro Vulnerable on Rate Cut Bets and Safe Haven Flows

The Euro's attractiveness has decreased recently due to expectations of rate cuts by the European Central Bank (ECB). This is influenced by weaker economic...
news-26092024-172501

Fed credibility at stake: David Tepper urges for two to three more rate cuts

Doubts Surrounding Fed's Credibility David Tepper, the founder and president of Appaloosa Management, recently voiced concerns about the credibility of the Federal Reserve and urged...
news-24092024-194730

Consumer Confidence Index Drops Sharply in September

The Consumer Confidence Index, a key indicator of consumers' perception of the economy, saw a sharp decline in September according to the latest report...
news-14092024-111513

Stock Market Update: NASDAQ and S&P Indices Finish Week with Five Consecutive Days of...

Stock Market Update: NASDAQ and S&P Indices Finish Week with Five Consecutive Days of GainsIn a week that saw significant volatility in the stock...