Tag: United States
Crude Oil Futures Settle at $69.39: Latest Updates and Analysis
The WTI crude oil futures settled at $69.39, showing a slight increase of $0.23 or 0.33%. This price is technically closing above its 200-hour moving average, which is a positive sign for the buyers....
Today’s Key Events: A Forexlive Overview
In the European session today, there isn't much on the schedule. The only thing to watch out for is the Eurozone CPI report, but since it's the Final reading, it may not have a...
Forexlive Weekly Market Outlook: 18-22 November
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...
EUR/USD Weekly Forecast: Latest Analysis and Predictions
The EUR/USD currency pair experienced a decline last week, dropping from 1.1213 to 1.0495 before bouncing back slightly. The initial bias for this week remains neutral for consolidations. However, the overall outlook remains bearish...
Weekly Economic & Financial Commentary: Exploring the Impact of Inflation – Action Forex
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...
Fed’s Goolsbee: Not Rushing Towards Neutral Rate | Forex Live
The Federal Reserve's Austan Goolsbee recently made a statement indicating that the Fed is not rushing towards reaching the neutral rate. This decision comes with a high level of risk, especially in the foreign...
ForexLive European FX News Wrap: Dollar Momentum Cools at Week’s End
The dollar took a breather in European trading today after making strong gains earlier in the week. USD/JPY fell from around 156.20 to 155.21 before recovering to around 155.60. EUR/USD also rose from 1.0540...
Ethereum Price Consolidates After Rally – Action Forex
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...
FX Option Expiries Analysis: 11 November 10am NY Cut | Forexlive
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,...
Forexlive Weekly Market Outlook: 11-15 November
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...