Business

news-20062024-133530

US Housing Starts Plunge in Forexlive Americas FX News Wrap

US housing starts for the month of May came in lower than expected at 1.277 million, missing the 1.370 million forecast. Additionally, initial jobless...
news-20062024-113613

US Dollar Strengthens as Treasury Yields Rise amid Weak Data

The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in...
news-20062024-073438

Bank of England August Rate Cut Review: Action Forex Analysis

The Bank of England (BoE) has decided to keep the Bank Rate unchanged at 5.25% as expected. The vote split remained the same as...
news-20062024-073416

Atlanta Fed GDPNow Forecast for Q3 2021: 3.0% vs 3.1% Prior | Forex Update

We are approaching the end of the second quarter, and while we are still some time away from getting the official GDP numbers, the...
news-20062024-073356

China Resumes Buying Precious Metals: What It Means for the Market

China has recently resumed buying precious metals, causing a bullish trend in the market. Shanghai Futures Exchange (SHFE) traders are holding large positions in...
news-20062024-032950

Bank of England to Keep Rates Unchanged and Approach Cautiously

The Bank of England is set to keep its policy rate unchanged for the seventh consecutive meeting on Thursday. Despite the recent increase in...
news-20062024-013012

GBP Volatility Ahead: Bank of England Verdict – Action Forex

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to...
news-20062024-012951

Swiss National Bank Chairman Jordan Discusses Two-Way FX Intervention | Forexlive

The Chairman of the Swiss National Bank, Thomas Jordan, recently discussed the impact of the appreciation of the Swiss franc on monetary conditions. He...
news-19062024-232806

FX Option Expiries Forecast for June 20 NY Cut

FX option expiries for June 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below:- EUR/USD: • 1.0600 -...
news-19062024-231047

The Risks of Gain-of-Function Experiments: Threat to Human Existence

A Google search for "Frio Cave" in Uvalde County, Texas may make it seem like a tourist hotspot, with millions of Mexican free-tailed bats...

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news-20112024-110840

Euro-Dollar Parity Reemerges Amid Trade Jitters After Trump Win

The recent victory of President-elect Donald Trump has led to concerns about the U.S. imposing new tariffs, causing economists to predict that the euro...