Tag: Finance
European Equities Aim for Recovery in New Trading Day
European equities are on the rise in the new trading day, but it's important to be aware of the high level of risk associated with foreign exchange trading. This may not be suitable for...
EUR/USD Daily Forecast: Latest Analysis and Predictions – Action Forex
The EUR/USD daily forecast suggests that the intraday bias for the currency pair remains neutral, indicating that there could be more consolidations above the 1.0495 level. The outlook will continue to be bearish as...
Comprehensive Eco Data Analysis for 11/20/24 – Action Forex
In the latest eco data analysis for November 20, 2024, several key events took place across different currencies. Let's take a closer look at the numbers and how they may impact the global market.Starting...
Crude Oil Futures Settle at $69.39: Latest Updates and Analysis
The WTI crude oil futures settled at $69.39, showing a slight increase of $0.23 or 0.33%. This price is technically closing above its 200-hour moving average, which is a positive sign for the buyers....
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 reached a high of 106.99 last Thursday, nearing the October...
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 interest and concern among investors and financial experts.Panetta's remarks come...
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% and an improvement from September's 1.6% year over year. The...
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 speech from Powell or retail sales data, the movement was...
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 day.Starting with the Reserve Bank of Australia (RBA) Meeting Minutes...
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 slightly reducing bets on ECB rate cuts. Despite the recent...
BREAKING NEWS
Donald Harris: The Legacy of Kamala’s Father
In a recent viral video clip, Kamala Harris shared a story her mother told her, which involved a reference to falling out of a...
