Tag: New York
EUR/USD Forecast: Mid-Day Analysis and Insights for Action Forex Traders
EUR/USD is currently trading within the range of 1.0330 to 1.0609. The short-term bias is neutral with a preference for further decline. A break...
EURJPY Forecast: Bears Remain in Control – Latest Analysis and Updates
EURJPY has been experiencing a downward trend for the fourth consecutive week, showing signs of bearish control. After reaching the 159.00 level on Wednesday,...
US Personal Income Rises 0.6% in October, Core PCE Inflation Reaches 2.8% Year-Over-Year
In October, personal income in the United States increased by 0.6% compared to the previous month, surpassing the expected 0.3% rise. This growth amounted...
Forex Market Analysis: Sunset Market Commentary Guide
The European Central Bank (ECB) Executive Board member Isabel Schnabel has expressed a cautious stance on the current accommodative monetary policy. Despite the recent...
US 100 Index Rally Stalls: What’s Next for Traders?
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...
EUR/USD Mid-Day Analysis and Forecast – Action Forex
The EUR/USD mid-day analysis shows that the intraday bias remains neutral and the outlook is unchanged. While there may be more consolidations above the...
December Rate Cut Debate: Analysis by Fed’s Kashkari – Action Forex
Minneapolis Federal Reserve President Neel Kashkari recently shared his thoughts on the upcoming December meeting, hinting at the possibility of a rate cut. In...
Sunset Market Analysis: Actionable Insights for Forex Traders
The recent appointment of Scott Bessent as the US Treasury Secretary has had a significant impact on the bond market. Bessent has proposed a...
EUR/USD Hits New Low in 2023 – Forex Trading Analysis
The latest PMI figures were just released, and unfortunately, they were not as positive as analysts had hoped. Both the Flash Manufacturing PMI and...
Gold (XAUUSD) Elliott Wave Analysis: Next Leg Higher – Action Forex
Gold (XAUUSD) has been showing an interesting Elliott Wave pattern in the short term. The recent rally ended at 2790.07, marking the completion of...
BREAKING NEWS
HSBC: Top FX Bank in APAC for FX Markets
In the world of FX trading in Asia-Pacific (Apac), things are really heating up with volumes skyrocketing due to increased volatility. HSBC, a major...
