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Eco data 5/16/23
The post Eco Data 5/16/23 appeared first on Action Forex......
Eur/usd eyes $1.0950 on stats, the fed, and the us debt ceiling
Central bank chatter and Euro area and US economic indicators will move the dial, with the US debt ceiling a possible EUR/USD curve ball. The post EUR...
Usdcad analysis – may 16, 2023
The USDCAD pair has experienced a significant break below the key support level at 1.3475, signaling a potential shift in market sentiment. This devel...
Usdjpy analysis – may 16, 2023
The USDJPY pair has made a significant breakthrough, surpassing the key resistance level at 135.46. This development suggests a shift in market dynami...
Former rba governor stevens says interest rates "will be elevated for some time"
Glenn Stevens was Reserve Bank of Australia Governor for a decade between 2006 and 2016. he spoke at gas industry annual conference."When I finished i...
Rba minutes: further hikes may still be required
Minutes of RBA’s May meeting revealed a detailed discussion where Board members weighed the pros and cons of keeping cash rate unchanged or increasi...
Convert new zealand dollar to vanuatu vatu
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review ma...
Usd/jpy price analysis: snaps two-day uptrned near 136.00 on breaking immediate support
USD/JPY recalls the sellers after their two-day absence as the Yen pair drops to 135.95 during early Tuesday. In doing so, the Yen pair take a U-turn ...
To what extent euro could fall? eur/usd, eur/gbp, eur/jpy price setups
While the outlook differs across crosses, the retreat doesn’t suggest EUR/USD’s uptrend is over. The pace of EUR/USD gains in recent months has be...
There is a barrage of 7 federal reserve speakers due tuesday, ny's williams among them
Its a packed Fed speaker agenda ahead during the US session. All times listed below are US Eastern time, followed by GMT.08:15, 1215: Federal Reserve ...
Audusd analysis – may 16, 2023
The AUDUSD pair has been entrenched in a downtrend since its peak at 0.6817, with the recent bounce from 0.6635 being viewed as a corrective consolida...
Hang seng index, asx200, nikkei 225: china stats pare gains
It was a mixed morning for the Hang Seng Index and broader markets. Weaker-than-expected stats from China pared gains, with the US debt ceiling in foc...
(rba) minutes of the monetary policy meeting of the reserve bank board
Perth – 2 May 2023 Members present Philip Lowe (Governor and Chair), Michele Bullock (Deputy Governor), Mark Barnaba AM, Wendy Craik AM, Ian Harper ...
Australian consumer sentiment plunges in may following unexpected rba rate hike
Australia Westpac Consumer Sentiment Index dropping sharpy by -7.9% from 85.8 to 79.0 in May. This decline brings the index close to the grim levels o...
Usd/chf fades bounce off intraday low near 0.8950 as us retail sales, debt ceiling negotiations loom
USD/CHF remains pressured near 0.8950 and prints minor losses while reversing from the intraday high during a two-day downtrend to early Tuesday. In d...
Gbpusd analysis – may 16, 2023
The GBPUSD pair recently experienced a failed attempt to break below the support level at 1.2435 and subsequently rebounded from a low of 1.2442. The ...
Precious-gold dips as markets assess fed rate hike remarks, debt talks in focus
Fed members continue to push back on rate cuts this year and that is pushing gold slightly lower, said Matt Simpson, a senior market analyst at City I...
Ecb president christine lagarde is speaking tuesday (and other ecb members also)
09:45 US Eastern time, 1345 GMT: Speech by ECB board member Anneli Tuominen followed by a conversation with Single Resolution Board Chair, Dominique L...
Eurusd analysis – may 16, 2023
The EURUSD pair has been facing challenges as it remains below a significant falling trend line on the 4-hour chart, indicating that the pair is still...
Boe pill: self-sustaining, second-round-effect momentum could keep inflation high
BoE Chief Economist, Huw Pill, voiced his concern about the enduring momentum of inflation in the UK during an online event yesterday. Pill warned of ...
Cam & cad software market research | 2023-2030
The Global CAM and CAD Software market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2030. In 2021, the m...
: wells fargo settles shareholder lawsuit for $1 billion: report
Wells Fargo & Co. has agreed to pay $1 billion to settle a shareholders lawsuit related to its 2016 fake-accounts scandal, according to the Wall Stree...
Fed’s barkin questions “whether we need to do more”
Richmond Fed President Thomas said yesterday that he is unconvinced that inflation will taper off rapidly with only a marginal economic slowdown. Bark...
Nzd/usd slips sharply below 0.6250 as china’s retail sales miss estimates
The NZD/USD pair has dropped below 0.6250 as the National Bureau of Statistics of China has reported weaker-than-anticipated annual Retail Sales (Apri...
Jefferies’ equities units poaches latitude’s ir boss
American investment bank Jefferies’ local outpost has hired Latitude Financial Services’ head of investor relations for banks coverage. Read Full ...
Forexlive asia-pacific fx news wrap: china economic activity data miss expectations
Poll shows 62 of 62 analysts expect a 25bp European Central Bank rate hike in June"New Zealand set to reveal bigger deficit in 'no frills' 2023-24 bud...
Canadian cpi inflation to cool further
Investors will look for clues on whether the rate cut pricing in Canada is unseasonable after the BoC chief claimed that the rate hike cycle may resum...
Ducommun announces pricing of public offering of common stock
SANTA ANA, Calif, May 15, 2023 (GLOBE NEWSWIRE) — Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today announced the pricing...
Gbp/usd could restart increase above this resistance
Key Highlights GBP/USD started a downside correction below the 1.2560 support. It traded below a key bullish trend line with support near 1.2540 on th...
Silver price analysis: xag/usd stays pressured towards $23.50 support
Silver price takes offers to reverse the previous day’s corrective bounce off six-week low. Failure to cross late March swing highs lure XAG/USD sel...
Global cad in apparel market [2023-2031]: opportunities and challenges
During the forecast period from 2023 to 2030, the global CAD in Apparel market is expected to experience significant growth. As of 2022, the market is...
Poll shows 62 of 62 analysts expect a 25bp european central bank rate hike in june
The European Central Bank is expected to raise its deposit rate again by a quarter of a percentage point next month to 3.50%, according to all 62 econ...
Chfjpy wave analysis
CHFJPY reversed from support level 150.00 Likely to rise to resistance level 153.7 CHFJPY recently reversed up from the pivotal support level 150.00 (...
Gbpjpy wave analysis
GBPJPY reversed from support level 168.25 Likely to rise to resistance level 171.10 GBPJPY recently reversed up from the key support level 168.25 (low...
Forex watchlist: aud/jpy’s consolidation ahead of australia’s jobs report
AUD/JPY is hitting a key resistance zone ahead of top-tier data releases! Will we see a breakout today? Or will the consolidation pattern hold for ano...