Tag: Finance
Temporary Dollar Dip vs. Intrinsic Euro Strength: Action Forex Analysis
The recent fluctuations in the Dollar Index have left many analysts puzzled, as the currency seems to be moving against fundamental forces. The DXY...
ECB’s Panetta on Interest Rates: Possibility of Rates Going Below Neutral Levels
The European Central Bank's (ECB) board member, Fabio Panetta, recently discussed the possibility of interest rates going below neutral levels. This statement has sparked...
Canada’s CPI Rebounds to 2% in Oct, Services Inflation at Lowest Since Jan 2022
Canada's inflation picked up speed in October, reaching an annual rate of 2.0% year over year. This was slightly higher than the expected 1.9%...
US Labor Market Adding to Inflationary Pressures – San Francisco Fed Economists
The US Treasury market followed a familiar pattern last week, testing recent lows before rebounding. Despite the lack of a strong trigger like a...
Eco Data Analysis and Forecast for November 19, 2024
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...
Sunset Market Analysis and Forecasts – Action Forex
The markets have seen some interesting movements this week, with Bund underperforming against US Treasuries and UK gilts. This led to European money markets...
Foreign Investment in Canada Surges to $29.3B, Up from $10.33B Last Month
Foreign investment in Canada has seen a significant increase, reaching $29.3 billion, up from $10.33 billion the previous month. This surge in foreign investment...
Gold Price Forecast: XAU/USD Rebounds from Two-Month Low
Gold prices experienced a rebound from a two-month low on Monday, following a two-week pullback that saw a 6.5% decrease from its recent record...
Eurostoxx Futures Up 0.1% in Early European Trading
Foreign exchange trading can be a risky venture, and it may not be suitable for all investors. It's important to understand the risks involved,...
EUR/USD Daily Forecast: Latest Analysis and Updates from Action Forex
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...