Tag: Market trends

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...

The US 100 index is currently trading sideways, just below its all-time high, as it grapples with the August 5, 2024 trendline. Market sentiment remains cautiously bullish, with investors closely monitoring geopolitical tensions and...

The global markets were influenced by the ongoing conflict in Ukraine, with concerns rising about a potential escalation. European equities and yields experienced a significant drop, leading to a risk-off sentiment in the market....

Foreign exchange trading can be a risky venture, and it may not be suitable for all investors. It's important to understand the risks involved, especially when using leverage, as it can increase both risk...

The EUR/USD pair is currently experiencing a neutral bias for the day, with a possibility of more consolidations. However, the overall outlook remains bearish as long as the 1.0760 support turned resistance level is...

Next week, there are several important economic events to keep an eye on. On Monday, the US NAHB Housing Market Index will be released. Tuesday will bring the RBA Meeting Minutes, Canada CPI, US...

In the United States, the pace of inflation is slowly decreasing. In October, services prices pushed the Consumer Price Index up by 2.6% annually, marking the first acceleration in this measure since Q1. Despite...

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...

The AUD/USD pair started the week on a stable note, trading around 0.6590 after experiencing a notable drop last Friday due to concerns about China's economic stimulus measures. Investors were left wanting more details...

The Bank of Japan recently released a summary of their October meeting, sparking a debate on the timing of a potential rate hike. According to Reuters, the Summary revealed that there is a division...