Tag: Market analysis

On November 15, 2024, several economic indicators were released, impacting the forex markets. Let's take a closer look at some of the key data points.Starting with New Zealand, the Business NZ PMI for October...

Ethereum, the world's second-largest cryptocurrency, has experienced a period of consolidation after a recent rally. The price of Ethereum surged to a four-month high following Trump's win, but it failed to close above the...

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...

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to understand the risks involved before deciding to trade. Leverage can increase the level of risk...

Warren Buffett's company, Berkshire Hathaway, is currently sitting on a massive $325 billion in cash, primarily invested in Treasury bills. This significant cash hoarding has raised speculations about Buffett's investment strategy and the reasons...

The Eco Data Calendar for November 12, 2024, had a significant impact on Forex trading. Let's take a closer look at the key events and their outcomes:1. Westpac Consumer Confidence in Australia for November...

On Monday, 11th November 2024, the FX option expiries analysis shows only one significant level to watch out for: EUR/USD at the 1.0700 level. Last week, the daily lows were supported by this level,...

The EUR/USD pair saw a decline from 1.1213 to 1.0681 last week, but it has since rebounded. The outlook for this week remains uncertain, with the possibility of further consolidations. However, the overall trend...

Next week is packed with important economic events that could impact the global markets. On Monday, the Bank of Japan will release its Summary of Opinions. Tuesday will bring key reports including the UK...

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 September and below the expectations of economists, who had predicted...