In the dynamic landscape of the global economy, investors and analysts remain vigilant, focusing on pivotal events to decipher the trajectory and well-being of diverse economies. Let’s delve into the significant economic indicators and upcoming decisions slated for February 2024. …
Daily Forex Analysis: 2 Jan 2024 CURRENCIES: Key Points: U.S. nonfarm payrolls report is the focal point for Friday. Weak jobs report expected to be positive for gold prices; strong data could negatively affect gold. The article analyzes the short-term …
Forex Daily Update: 31 Jan 2024 CURRENCIES: Key Points: The consensus suggests no alteration in interest rates. However, the Federal Open Market Committee (FOMC) may modify its guidance, particularly in response to developments in inflation. Traders should brace for increased …
Forex Daily Analysis: 30 Jan 2024 CURRENCIES: Event Overview: Fed’s First Monetary Policy Decision of 2024 Announcement Date: Wednesday, Jan 31, 2024 Potential Market Impact Increased Volatility Expected for Gold Prices, U.S. Dollar, and Stocks Traders Advised to Prepare for …
Forex Daily Market Analysis: 29 Jan 2024 CURRENCIES: Overview: The final week of January is known for its high activity, and this year is no exception. The economic calendar is packed with crucial events, including decisions from the Federal Reserve …
Looking ahead from the final week of January, traders and investors are gearing up for a bustling week filled with significant economic events. These developments are poised to shape market dynamics, with a particular focus on inflation trends, economic growth …
Daily Forex Analysis: 27 Jan 2024 CURRENCIES: Event Overview: US Dollar Forecast focuses on upcoming Core Personal Consumption Expenditures (core PCE) data. Release date: January 26, 2024, at 12:30 AM +02:00. Importance of Core PCE Data: The U.S. Bureau of …
Forex Markets Analysis: 25 Jan 2024 CURRENCIES: U.S. Dollar faced a decline despite positive economic data on Wednesday Potential for a reversal in the dollar’s fortunes in the upcoming days Market attention shifts to the fourth-quarter U.S. GDP report U.S. …
Forex Daily Analysis: 25 Jan 2024 CURRENCIES: Overview: Gold and Silver Struggle Heavyweight US data releases anticipated later this week. Latest Fed rate expectations indicate six quarter-point cuts this year. Gold and Silver prices experience challenges, but the sell-off is …
Forex Markets Analysis: 23 Jan 2024 CURRENCIES: The NASDAQ, S&P 500, and Dow Jones have all achieved new record highs, signaling a complete reversal of the recent stock market dip from December to early January. In Japan, the Nikkei 225 …
