Tag: Finance
Data Analysis: Predicting December Rate Cut – Weekly Bottom Line | Action Forex
Canadian Labor Market Report This week, the Canadian labor market report sent shockwaves through Bay Street, as the unemployment rate climbed to 6.8% - its highest level since January 2017, excluding the pandemic. This increase...
Central Bank Focus: US Inflation Outlook – Markets Weekly Forecast
US Inflation Outlook: Markets Weekly Forecast The past week in the financial markets has been a whirlwind of activity, with key indicators pointing towards a December rate cut in the US. As markets eagerly await...
Eco Data December 5th, 2024 Analysis and Forecast – Action Forex
Eco Data December 5th, 2024 Analysis and Forecast - Action Forex In the realm of global economics, every detail counts. On December 5th, 2024, the financial world was abuzz with the latest eco...
2025 Forecast: US Dollar and Japanese Yen Outlook – Action Forex
2025 Forecast: US Dollar and Japanese Yen Outlook - Action Forex The year 2025 is shaping up to be an eventful one for the US dollar and the Japanese yen, as both currencies navigate through...
Russell 2000 Forecast: Potential All-Time High in Sight – Action Forex
Russell 2000 Forecast: Potential All-Time High on the Horizon The Russell 2000 index, comprising small-cap listed companies in the US, has been making waves in the stock market with its recent stellar performance. Since the...
US Dollar’s Fate Hinges on NFP: Markets Weekly Outlook
US equities had a strong finish last week, especially in the tech and retail sectors, leading to record highs for the S&P 500. However, the US dollar weakened as expectations of a December rate...
USD/JPY Forecast: Breaks Key Support as BoJ Rate Hike Expectations Rise
The USDJPY pair experienced a significant drop to a six-week low on Friday, driven by increased expectations of a Bank of Japan rate hike following a higher than expected inflation rise in Tokyo for...
USD/JPY Technical Analysis: Medium-Term Corrective Decline Ahead
Yen strength has continued to persist, supported by an increase in Tokyo's core-core inflation rate to 1.9% y/y in November. This has led to speculation that the Bank of Japan (BoJ) may hike its...
Traders’ Focus: NFP Report after Thanksgiving – Weekly Market Update
Traders are eagerly awaiting the release of the Nonfarm payrolls (NFP) report after the Thanksgiving holidays, as it could have a significant impact on the markets. The data will provide insight into whether or...
GBPUSD Wave Analysis: Forecast, Trends, and Strategies – Action Forex
GBPUSD saw a turnaround from the support level of 1.2500 and is likely to move up towards the resistance level of 1.2720. The currency pair has been on an upward trend after bouncing back...
