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News

Follow the latest analyses and key economic, financial, and global market news in this section. Our team reviews the most important market events daily and provides comprehensive insights for traders and enthusiasts.

News

United States Michigan Consumer Sentiment Index registered at 52.2 above expectations (51) in May

Byadmin May 31, 2025
United States Michigan Consumer Sentiment Index registered at 52.2 above expectations (51) in May

Read More United States Michigan Consumer Sentiment Index registered at 52.2 above expectations (51) in MayContinue

News

Trump says U.S. will double steel tariffs to 50%

Byadmin May 31, 2025
President Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, one week after signaling he had cleared a merger with Japan’s Nippon Steel.

Read More Trump says U.S. will double steel tariffs to 50%Continue

News

USD/CHF Price Forecast: Gains ground near 0.8200

Byadmin May 31, 2025
The USD/CHF pair attracted bids after revisiting a near five-week low around 0.8185 during North American trading hours on Friday.

Read More USD/CHF Price Forecast: Gains ground near 0.8200Continue

News

Mexican Peso gains as US PCE softens, consumer sentiment in focus

Byadmin May 31, 2025
The Mexican Peso (MXN) is strengthening against the US Dollar (USD) in the early hours of the American session on Friday after the release of soft inflation data in the United States, with the pair remaining vulnerable to broader geopolitical risks. 

Read More Mexican Peso gains as US PCE softens, consumer sentiment in focusContinue

EUR/USD Daily Outlook
News

EUR/USD Daily Outlook

Byadmin May 31, 2025

Daily Pivots: (S1) 1.1258; (P) 1.1322; (R1) 1.1432; More… Intraday bias in EUR/USD stays neutral for the moment. On the upside, break of 1.1417 resistance will revive the case that correction from 1.1572 has completed at 1.1064. Retest of 1.1572 should then be seen next. Nevertheless, break of 1.1209 will extend the corrective pattern and […]

The post EUR/USD Daily Outlook appeared first on Action Forex.

Read More EUR/USD Daily OutlookContinue

News

Trump lauds Elon Musk and DOGE at White House farewell

Byadmin May 31, 2025
Musk, the Tesla and SpaceX CEO, worked for Trump’s DOGE effort after spending over $250 million helping to get him elected.

Read More Trump lauds Elon Musk and DOGE at White House farewellContinue

News

Tech stocks skid as Trump’s aggravation with China, Marvell earnings lead to Friday pullback

Byadmin May 30, 2025
US tech stocks are shedding weight on Friday following several negative news stories. The NASDAQ Composite has given up as much as 0.9%, while the Dow Jones Industrial Average (DJIA) is slightly positive.

Read More Tech stocks skid as Trump’s aggravation with China, Marvell earnings lead to Friday pullbackContinue

News

Silver Price Forecast: XAG/USD strives to hold $33 amid renewed Sino-US trade worries

Byadmin May 30, 2025
Silver price (XAG/USD) is down almost 1% near the key level of $33.00 during North American trading house on Friday. However, the white metal strives to gain ground as renewed trade tensions between the United States (US) and China are limited the upside in the US Dollar (USD).

Read More Silver Price Forecast: XAG/USD strives to hold $33 amid renewed Sino-US trade worriesContinue

News

United States Wholesale Inventories came in at 0% below forecasts (0.4%) in April

Byadmin May 30, 2025
United States Wholesale Inventories came in at 0% below forecasts (0.4%) in April

Read More United States Wholesale Inventories came in at 0% below forecasts (0.4%) in AprilContinue

News

United States Personal Consumption Expenditures – Price Index (MoM) meets expectations (0.1%) in April

Byadmin May 30, 2025
United States Personal Consumption Expenditures – Price Index (MoM) meets expectations (0.1%) in April

Read More United States Personal Consumption Expenditures – Price Index (MoM) meets expectations (0.1%) in AprilContinue

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