Tag: Interest rate decisions
Central Bankers’ Public Arguments: Pros and Cons
Jerome Powell, the chairman of the Federal Reserve, is known for his steady leadership. However, his recent decision to keep interest rates at 5.25-5.5% on July 31st raised concerns after weak employment data was...
Eco Data Calendar 8/12/24 – Actionable Insights for Forex Traders
ActionForex.com has been a trusted source of insightful analysis for forex traders since 2004. Our goal has always been to empower individual traders with the information they need to make informed decisions in the...
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...
GBP/USD Market Analysis: Dive vs. EUR/GBP Strength – Action Forex
GBP/USD has started a fresh decline from the 1.2860 resistance zone, indicating bearish signs below the 1.2800 support level. On the hourly chart of GBP/USD at FXOpen, there is a key bearish trend line...
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....
Upcoming Economic Events: UK Data, RBA Minutes, Japanese CPI | Forexlive
This week, there are several important economic events to keep an eye on. On Monday, the G20 meeting in Brazil will set the tone for the week.On Tuesday, the Reserve Bank of Australia...
EUR/USD Weekly Forecast: Latest Analysis and Predictions
The EUR/USD currency pair experienced a decline last week, dropping from 1.1213 to 1.0495 before bouncing back slightly. The initial bias for this week remains neutral for consolidations. However, the overall outlook remains bearish...
ECB Accounts: Need More Time to Declare Victory on Inflation | Forexlive
The European Central Bank (ECB) has been closely monitoring the disinflationary process, which is progressing as expected. However, inflation rates in September fell below initial forecasts, indicating that the upside risks to inflation have...
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 trading market. Analysts are closely examining various factors such as...
BOC Macklem Warns of Lower GDP if Population Growth Slows – Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks involved, especially when using leverage, as it can increase both...
