Tag: Market analysis
GBP/USD Daily Forecast and Analysis – Action Forex
Sterling Plummets: GBP/USD Daily ForecastIn a dramatic turn of events today, the British Pound (GBP) took a nosedive against the US Dollar (USD), leaving traders and analysts reeling from the unexpected downturn. The GBP/USD...
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...
Trump Trade Impact: Dollar Correction & Commodity Currency Fall
Trump Trade Revives Market Optimism
Last week saw a resurgence of the "Trump Trade," igniting optimism across financial markets and leading to fresh record highs in US stocks. This wave of positivity was fueled by...
Central Bank Focus: US Inflation Outlook – Markets Weekly Forecast
US Inflation Outlook: Markets Weekly ForecastThe past week in the financial markets has been a whirlwind of activity, with key indicators pointing towards a December rate cut in the US. As markets eagerly await...
USD/JPY Technical Analysis: Medium-Term Corrective Decline Ahead
Yen strength has continued to persist, supported by an increase in Tokyo's core-core inflation rate to 1.9% y/y in November. This has led to speculation that the Bank of Japan (BoJ) may hike its...
European Equities Aim for Recovery in New Trading Day
European equities are on the rise in the new trading day, but it's important to be aware of the high level of risk associated with foreign exchange trading. This may not be suitable for...
EUR/USD Daily Forecast: Latest Analysis and Predictions – Action Forex
The EUR/USD daily forecast suggests that the intraday bias for the currency pair remains neutral, indicating that there could be more consolidations above the 1.0495 level. The outlook will continue to be bearish as...
Sunset Market Analysis and Forecasts – Action Forex
The markets have seen some interesting movements this week, with Bund underperforming against US Treasuries and UK gilts. This led to European money markets slightly reducing bets on ECB rate cuts. Despite the recent...
Foreign Investment in Canada Surges to $29.3B, Up from $10.33B Last Month
Foreign investment in Canada has seen a significant increase, reaching $29.3 billion, up from $10.33 billion the previous month. This surge in foreign investment is a positive sign for the Canadian economy, indicating strong...
USD/CHF Weekly Forecast: Latest Analysis and Trends – Action Forex
The USD/CHF pair experienced a rally from 0.8733 to 0.8916 last week, reaching as high as 0.8916 before pulling back. The retreat occurred after hitting the 61.8% retracement level of 0.9223 to 0.8374 at...
