WTI rebounds amid modest energy recovery, OPEC+ output hike in focus
West Texas Intermediate (WTI) US Oil price rises to $60.50 per barrel on Friday, up 0.65% on the day, extending its rebound after two sessions of subdued trading.
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United States Baker Hughes US Oil Rig Count dipped from previous 420 to 414
United States Baker Hughes US Oil Rig Count dipped from previous 420 to 414 -
Fed’s Hammack: Would not have cut rates
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack is due to participate in a fireside chat at the Evolving Landscape of Bank Funding Conference hosted by the Federal Reserve Bank of Dallas on Friday. -
Meta Platforms stock continues its earnings sell-off on Friday
Don’t click that “buy” button just yet! Meta Platforms (META) might look appetizing to some dip buyers after Wednesday’s earnings massacre, but even a quick glance at the daily chart tells us that the downside for META from here offers more possibilities. -
AUD/USD Weekly Report
AUD/USD rebounded further to 0.6616 last week but retreated sharply since then. Initial bias remains neutral this week first. On the upside, break of 0.6616 will resume the rise from 0.6439 to retest 0.6706 high. However, break of 0.6524 will turn bias to the downside for 0.6439 and possibly below, to extend the corrective pattern […]
The post AUD/USD Weekly Report appeared first on Action Forex.
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Dow Jones Industrial Average’s week-long stall continues on Friday
The Dow Jones Industrial Average (DJIA) is poised to end the trading week near where it started, with price action churning familiar territory around the 47,500 region. -
USD/CAD Weekly Outlook
USD/CAD initially dived to 1.3886 last week but rebounded strongly from there. Strong support was seen from 55 D EMA (now at 1.3914). The pair is also staying well inside near term rising channel. Overall development suggests that rise from 1.3538 is still in progress. Initial bias stays on the upside for 1.4078 this week. […]
The post USD/CAD Weekly Outlook appeared first on Action Forex.
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EUR/USD slides to three-month low as Fed’s hawkish tone fuels US Dollar rally
The Euro (EUR) weakens further against the US Dollar (USD) on Friday, with EUR/USD slipping to a three-month low. The pair remains under pressure as the Greenback draws support from the Federal Reserve’s (Fed) hawkish tone after delivering a widely expected 25-basis-point rate cut earlier this week. -
Summary 11/3 – 11/7
Monday, Nov 3, 2025 Tuesday, Nov 4, 2025 Wednesday, Nov 5, 2025 Thursday, Nov 6, 2025 Friday, Nov 7, 2025
The post Summary 11/3 – 11/7 appeared first on Action Forex.
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GBP/USD falls to seven-month low amid UK fiscal concerns, Fed hawkish tone
GBP/USD extends its downward momentum, touching a new seven-month low of 1.3097 on Friday. The pair remains under persistent selling pressure as investors continue to favor the US Dollar (USD) amid reduced expectations of further Federal Reserve (Fed) easing.
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