Tag: Forex market updates

Key Economic Events Unveiled: Insights for December 6-24, 2024In the bustling world of economics, crucial data points often shape the course of financial landscapes globally. As we delve into the intricate web of economic...

Eco Data December 5th, 2024 Analysis and Forecast - Action ForexIn the realm of global economics, every detail counts. On December 5th, 2024, the financial world was abuzz with the latest eco...

The US Dollar strengthened as yields eased on Friday, with various economic indicators and market movements shaping the day's events. In Canada, the October employment change came in at +14.5K, slightly below the expected...

The EURUSD continues to rise, despite the release of stronger services ISM non-manufacturing data today. Employment numbers have increased, while new orders and prices paid have decreased. The ongoing election voting is still underway,...

The US presidential election polls continue to dominate discussions in the market, causing some volatility in trading sessions. Last week, Trump's lead in prediction models was diminished by swing-state polls, resulting in both candidates...

The USD/JPY pair continues to trade in a range, with the intraday bias remaining neutral. It is anticipated that there will be another increase as long as the support at 151.44 is maintained. If...

The Eco Data Analysis for October 29, 2024, provided insights into various economic indicators across different countries. Here is a breakdown of the data:- Japan's Unemployment Rate for September remained steady at 2.50%. - Germany's...

GBPUSD has been on a downward trend for the past four weeks, dropping below the 1.3000 mark and hitting a new low of 1.2943. Technical indicators show that there is still a strong selling...

The AUD/USD pair saw a slight decline to 0.6657 last week before recovering. This week, the initial bias remains neutral for some consolidation. However, there is an expectation of further decline as long as...

EUR/USD saw a decline from 1.1213 last week, but managed to bounce back after reaching 1.0810. The initial bias for this week remains neutral for consolidations. However, the outlook will remain bearish as long...