Tag: Forex Market Analysis
US Dollar Strengthens Despite Cooler PCE Report: Forex News Wrap
US Dollar Strengthens Despite Cooler PCE Report: Forex News WrapThe US dollar continued to show strength in the forex market, despite a slightly cooler than expected Personal Consumption Expenditures (PCE) report for July. The...
AUD/USD Forecast: Struggling to Sustain Gains Despite Strong Australian CPI – Action Forex
AUD/USD Forecast: Australian CPI Boosts Aussie But Gains StruggleThe AUD/USD pair reached a new 8-month high during the Asian session on Wednesday, fueled by stronger than expected Australian July CPI data. The currency pair...
UK Inflation Data Week Ahead: Market Expectations and Impact on US Numbers
All eyes are on the upcoming US CPI report this week, but before that, the UK will also release its inflation data. Due to base effects, it is expected that the UK's headline annual...
EUR/USD Forecast: Weekly Analysis and Predictions for Forex Traders
The EUR/USD pair saw a retreat after initially rising to 1.1007 last week, leading to consolidations. The bias for the upcoming week remains neutral at first. Although a deeper retreat is possible, the downside...
