Tag: Market sentiment analysis
Forexlive Americas FX News Wrap: Consumer Sentiment Rises, Market Sentiment Sags
The final consumer sentiment in the US for October came in at 70.5, beating expectations of 69.0. This positive news was accompanied by the US September durable goods orders, which were slightly lower than...
Wall Street Indexes Poised for Gains as Earnings Impact S&P 500, Nasdaq 100
Wall Street indexes are showing positive momentum, thanks to strong bank earnings reports. The Dow Jones Industrial Index hit the 43000 mark for the first time, while the S&P 500 and Nasdaq 100 also...
USD/JPY Forecast: Potential Pullback Ahead for Bulls – Action Forex
The USD/JPY pair experienced a rally above 149.20 before facing resistance from the bears. On the 4-hour chart, it traded below a significant bullish trend line with support at 149.35. Meanwhile, the EUR/USD saw...
GBP/USD Bulls Focus on Short-Term Pullback amid Consolidation – Action Forex
GBP/USD has been trading within a tight 30-pip range recently, showing signs of consolidation in the market. This comes as the focus shifts to upcoming US CPI and PPI data releases on Thursday and...
Market Sentiment Shifts as Rumors Overshadow Data: Dollar Prepares for Downside Risk
Market Speculations Drive Financial Markets Amid UncertaintyThe financial markets have experienced a significant shift in sentiment as rumors and speculations have taken precedence over concrete economic data in recent weeks. This change in focus...