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EUR/USD Volatility Rises, But Fails to Drive Direction – Action Forex
BySilas WOn Thursday, the EUR/USD pair is trading around 1.1646, consolidating after the previous session’s volatility. The market is stabilising following the recent US dollar rally, driven by expectations ahead of the Federal Reserve’s annual symposium in Jackson Hole. Investors remain cautious before Fed Chair Jerome Powell’s speech, seeking clarity on interest rate prospects and any…
GBP/USD Forecast: Pound Struggles Near 1.31 Amid BoE’s Dovish Hold – Forex Crunch
BySilas WThe GBP/USD forecast shows the pound trading lower amid the BoE’s dovish policy stance. The BoE kept rates unchanged at 4%, increasing the probability for easing in the coming months. Traders await the US preliminary UoM reports and commentary from FOMC and MPC members for further policy cues. The GBP/USD forecast shows the pair trading…
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BySilas WActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward. Contact us: contact@actionforex.com Source link
Exness MENA Interview: Mohammad Amer on Trust, Dubai Growth, and 2026 Outlook
BySilas WThe MENA region is emerging as a major centre for the financial trading industry, and Exness recognises that growth as both a market signal and a business priority. In a recent Finance Magnates executive interview, Mohammad Amer, Regional Commercial Director at Exness, said the MENA region is no longer just participating in global financial markets;…
UK Economy Stagnates in July, Facing Tough Road Ahead – Edge-Forex :
BySilas WThe UK economy showed little to no growth in July, leading to growing concerns about its future direction. After a challenging first half of the year, the latest data reveals that the country’s economy remains stagnant. Despite hopes for a rebound, the numbers paint a less optimistic picture. GDP growth, which is a key indicator…
Elliott Wave Expects Nasdaq 100 (QQQ) to Continue Higher – Forex Market Analysis – ForexCycle.com
BySilas WShort Term Elliott Wave in Nasdaq 100 ETF (QQQ) suggests it shows a bullish sequence from 4.20.2024 low favoring more upside. Up from 4.20.2024 low, wave 1 ended at 461.5 and pullback in wave 2 ended at 443.06. The ETF has extended higher in wave 3. Internal subdivision of wave 3 is unfolding as a…

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