Tag: Economy
Russell 2000 Weekly Gain Largest Since 2000: US Stock Markets Hit Record Highs
The US stock markets saw significant gains this week, with the Russell 2000 index experiencing its largest weekly increase since 2000. This surge in stock prices was fueled by a variety of factors, including...
EUR/GBP Weekly Forecast: Latest Analysis and Predictions
EUR/GBP has recently broken through the key level of 0.8294, indicating a resumption of the larger downtrend. This week, the focus remains on the downside with the initial target set at 0.8242, which is...
Key Technical Levels for Major Currency Pairs – Week of Nov 11 | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for everyone. It is important to be aware of the high level of risk involved, especially when using leverage. Before diving into...
US Dollar Strengthens as Yields Ease – Forexlive Americas FX News Wrap
The US Dollar strengthened as yields eased on Friday, with various economic indicators and market movements shaping the day's events. In Canada, the October employment change came in at +14.5K, slightly below the expected...
Baker Hughes Oil Rigs Hold Steady at 479 for the Week
Baker Hughes, a leading oilfield services company, reported that the number of active oil rigs in the United States held steady at 479 for the week. This news indicates stability in the oil industry...
BOE’s Policy and Rate Cuts: Impact of Disinflation on Forex Trading
The recent news from the Bank of England (BOE) regarding their policy and potential rate cuts has been causing a stir in the forex trading market. Analysts are closely examining various factors such as...
China Officials to Hold Briefing at 0800 GMT: What to Expect
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks involved, especially when using leverage, as it can increase your...
EUR/USD Daily Analysis: Forex Forecast and Trading Strategies
The EUR/USD daily analysis shows that the forex forecast and trading strategies are currently in a consolidation phase. The intraday bias for the EUR/USD remains neutral as long as it stays above the temporary...
BOE Governor Bailey: Services Inflation Needs to Decrease Broadly | Forexlive
BOE Governor Andrew Bailey emphasized the need for a decrease in services inflation during a recent speech. He highlighted the importance of addressing inflation in the services sector to ensure overall economic stability. Bailey's...
Spain October Services PMI Misses Expectations with a Reading of 54.9
In October, Spain's services sector experienced a slight weakening in growth momentum, with a PMI reading of 54.9, falling short of expectations set at 57.0. However, this reading is still considered solid overall. Sales...
