Tag: Financial markets
Eco Data Update: December 23, 2024 – Action Forex
Eco Data Update: December 23, 2024In the fast-paced world of global economics, staying informed is key to making sound decisions. On December 23, 2024, a series of crucial economic events unfolded, impacting various currencies...
Dollar Pauses Consolidation Post-Fed, Fails to Break Euro Resistance – Action Forex
Markets React to Fed's Hawkish Rate CutThe financial markets were set ablaze last week as the Federal Reserve delivered a hawkish rate cut, sending shockwaves through stocks, bonds, currencies, precious metals, and cryptocurrencies. The...
Nasdaq 100 Technical Analysis: Potential Multi-Week Decline – Action Forex
Is the "Santa Rally" on the Nasdaq 100 Coming to an End?The Nasdaq 100, a key player in the US stock market, has hit a roadblock in its bullish momentum. After reaching a fresh...
Gold Prices Bounce Back from Recent Low – Latest Update on Gold Prices
Gold Prices Surge Above 2,600 After Recent Plunge - Analysis and PredictionsIn a surprising turn of events, gold prices have bounced back above the crucial 2,600 mark, indicating a potential reversal in the recent...
FOMC Rate Cut: Pace of Easing Expected to Slow – Action Forex
FOMC Rate Cut: Pace of Easing Expected to SlowAs anticipated, the Federal Open Market Committee (FOMC) decided to lower the target range for the federal funds rate by 25 basis points during today's meeting....
Agility in Rate Path: ECB’s Lane Emphasizes amid Uncertainty
ECB's Lane Stresses Agility in Rate Path Amid UncertaintyECB Chief Economist Philip Lane delivered a crucial message today, emphasizing the need for "agility" in navigating monetary policy decisions in the face of unprecedented uncertainty....
Inflation Pressures and Yield Surge Boost Dollar Performance
Hawkish Fed Undertones Emerge, Treasury Yields Soar and Dollar Gains
Last week witnessed a significant surge in US Treasury yields, driven by consecutive inflation data that highlighted the persistent nature of price pressures. Headline Consumer...
US CPI Data Shows Upside Surprise, Boosting Case for January FOMC Pause
US CPI Data Surprises Markets, Impacting FOMC Pause DecisionIn a surprising turn of events, the latest US Consumer Price Index (CPI) data has sent shockwaves through the financial markets, potentially influencing the Federal Open...
EUR/USD Forecast: Daily Analysis and Predictions – Action Forex
EUR/USD Forecast: Daily Analysis and PredictionsThe EUR/USD currency pair has been making waves in the forex market, with traders eagerly anticipating its next move. Let's delve into the latest analysis and predictions to gain...
EURUSD Technical Analysis: Key Levels and Trends for Trading on 9th December
EURUSD Technical Analysis: Key Levels and Trends for Trading on 9th DecemberOn the 9th of December, traders and investors are closely watching the EURUSD chart for key levels and trends that could impact their...
