Tag: Market analysis
China October CPI Data Shows Slight YoY Increase, Deflation Concerns Remain
China's October Consumer Price Index (CPI) data was released, showing a slight year-on-year increase of 0.3%. This is lower than the 0.4% reported in...
Gold Price Forecast: Analyzing Potential Corrections and Opportunities
Gold prices experienced a significant drop of over 3% following the announcement of the presidential election results, resulting in cumulative losses exceeding 5% from...
US CPI Data to Drive Market Focus in Coming Week
After the surprising return of Donald Trump to the White House, the markets are experiencing a period of euphoria. Wall Street, Bitcoin, and the...
Bitcoin Price Forecast: JP Morgan Predicts 8-Week Rally Due to ‘Trump Trade’
Bitcoin price forecast: JP Morgan predicts an 8-week rally due to the 'Trump Trade'According to JP Morgan, the price of Bitcoin is expected to...
Beware of Federal Reserve’s Hawkish Stance: Impact on Forex Trading
The Federal Reserve's hawkish stance is something that forex traders need to keep an eye on. The FOMC statement is about to be released,...
USDCAD Price Action Approaches Hourly Moving Averages
The USDCAD had a downward movement and tested the support level at 1.3813 towards the end of the trading day, hitting a low of...
ISM Services Index Reaches 27-Month High in October
The ISM Services index surprised analysts by rising to 56.0 in October, exceeding the expected pullback to 53.8. This marks the highest level since...
EUR/USD Forecast: Mid-Day Analysis and Outlook – Action Forex
The EUR/USD pair is showing a slightly upward bias during the day as it continues to rebound from the short-term bottom of 1.0760. However,...
European Equities Stagnant at Market Open | Forexlive
European equities showed little movement at the market open today, indicating a sense of stagnation in the market. Investors are advised to proceed with...
Credit Agricole: November RBA Meeting Expectations | Forexlive
Credit Agricole is predicting that the Reserve Bank of Australia (RBA) will keep interest rates steady during the upcoming meeting. This decision is based...