Tag: United States
Gold Prices Bounce Back from Recent Low – Latest Update on Gold Prices
Gold Prices Surge Above 2,600 After Recent Plunge - Analysis and PredictionsIn a surprising turn of events, gold prices have bounced back above the crucial 2,600 mark, indicating a potential reversal in the recent...
FOMC Rate Cut: Pace of Easing Expected to Slow – Action Forex
FOMC Rate Cut: Pace of Easing Expected to SlowAs anticipated, the Federal Open Market Committee (FOMC) decided to lower the target range for the federal funds rate by 25 basis points during today's meeting....
Weekly Forecast: USD/JPY Analysis & Trends – Action Forex
USD/JPY Rebounds Strongly, Targets 156.74USD/JPY saw a robust rebound last week, indicating that the correction from 156.74 has likely ended at 148.64. This development has set the stage for a bullish bias this week,...
EUR/USD Weekly Forecast: Latest Analysis and Predictions
EUR/USD Weekly Forecast: Expert Analysis and ProjectionsThe EUR/USD pair experienced a tumultuous week, fluctuating lower before clawing back gains after hitting a low of 1.0452. As we enter a new trading week, the initial...
Inflation Pressures and Yield Surge Boost Dollar Performance
Hawkish Fed Undertones Emerge, Treasury Yields Soar and Dollar Gains
Last week witnessed a significant surge in US Treasury yields, driven by consecutive inflation data that highlighted the persistent nature of price pressures. Headline Consumer...
GBP/USD Daily Forecast and Analysis – Action Forex
Sterling Plummets: GBP/USD Daily ForecastIn a dramatic turn of events today, the British Pound (GBP) took a nosedive against the US Dollar (USD), leaving traders and analysts reeling from the unexpected downturn. The GBP/USD...
US CPI Data Shows Upside Surprise, Boosting Case for January FOMC Pause
US CPI Data Surprises Markets, Impacting FOMC Pause DecisionIn a surprising turn of events, the latest US Consumer Price Index (CPI) data has sent shockwaves through the financial markets, potentially influencing the Federal Open...
US CPI Inflation: Impact on Rate Cut Decision – Action Forex
US CPI Inflation: Potential Impact on Rate Cut DecisionUS consumer price index (CPI) inflation data is anxiously awaited this week, with analysts predicting a slight uptick that could influence the Federal Reserve's rate cut...
EUR/USD Forecast: Daily Analysis and Predictions – Action Forex
EUR/USD Forecast: Daily Analysis and PredictionsThe EUR/USD currency pair has been making waves in the forex market, with traders eagerly anticipating its next move. Let's delve into the latest analysis and predictions to gain...
EURUSD Technical Analysis: Key Levels and Trends for Trading on 9th December
EURUSD Technical Analysis: Key Levels and Trends for Trading on 9th DecemberOn the 9th of December, traders and investors are closely watching the EURUSD chart for key levels and trends that could impact their...