Tag: Finance
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...
Ethereum Rally Halts at Crucial Resistance Level – Action Forex
Ethereum has been seeing a positive trend in its value following the US presidential election results. The cryptocurrency managed to climb above the 2,810...
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...
Bitcoin Price Forecast: JP Morgan Predicts 8-Week Rally Due to ‘Trump Trade’
Bitcoin price forecast: JP Morgan predicts an 8-week rally due to the 'Trump Trade'According to JP Morgan, the price of Bitcoin is expected to...
Beware of Federal Reserve’s Hawkish Stance: Impact on Forex Trading
The Federal Reserve's hawkish stance is something that forex traders need to keep an eye on. The FOMC statement is about to be released,...
October CPI Preview: Disinflation Challenges Ahead – Action Forex
The October Consumer Price Index is expected to show slow progress in reducing inflation. The headline CPI is projected to have increased by 0.2%...
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...
Bitcoin Surges to All-Time High Amid U.S. Election Updates
Bitcoin has reached a new all-time high, surpassing the previous peak set on 14 March. The price of Bitcoin surged past $75,300 per coin,...
USDCAD Price Action Approaches Hourly Moving Averages
The USDCAD had a downward movement and tested the support level at 1.3813 towards the end of the trading day, hitting a low of...
BoJ Minutes: Yen Stabilization Allows Monitoring of Global Economic Risks
The Bank of Japan recently held a meeting in September where they discussed their monetary policy in light of global economic uncertainties. During the...