Tag: Currency exchange rates
NZD/USD Price Analysis: Mild Uptrend Develops as Bears Pause
The NZD/USD pair has been following a bearish trend, but there are signs of a slight uptrend developing. The pair reached 0.5960 towards the...
Forex Analysis: German Inflation, US Consumer Sentiment, Central Bank Meetings
Investors are keeping a close eye on the financial markets after a volatile day on Monday. The Euro area and Germany's second-quarter Gross Domestic...
PBOC Sets USD/CNY Reference Rate at 7.1364: Analysis and Implications
The People's Bank of China (PBOC) has set the USD/CNY central rate for the upcoming trading session at 7.1364, slightly higher than the previous...
Forexlive Weekly Market Outlook: 29-02 August
Upcoming events in the financial market for this week include a range of economic indicators and policy decisions that could impact various currencies and...
US Dollar Unsettled by Mixed PCE Data
The US Dollar, as measured by the DXY Index, faced some challenges in bouncing back after the release of mixed Personal Consumption Expenditures (PCE)...
Eco Data Analysis and Forecasting – Action Forex
The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for...
GBP Remains Top G10 FX Bet Despite Risk Aversion | Credit Agricole Analysis
Credit Agricole analysis indicates that the British Pound (GBP) remains a strong contender among G10 currencies, despite facing challenges such as increased risk aversion...
China Rate Setting on Monday: What to Expect and How It Affects Forex Trading
The People's Bank of China is set to announce the 1- and 5-year loan prime rates on Monday, as the usual announcement date of...
Upcoming Economic Events: Flash PMIs, US GDP, and BoC Decision – Action Forex
Investors are eagerly awaiting upcoming economic events that will shed light on the current state of various economies and potentially impact their trading decisions....
Trading Strategies and Market Analysis at Sunset Market – Action Forex
The European Central Bank (ECB) announced today that they have decided to keep their key policy rates unchanged in a unanimous decision. They reiterated...
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Midday Stock Update: American Airlines, Broadcom, Big Banks, and More –...
American Airlines, Broadcom, Big Banks, and More - Latest Market NewsAmerican Airlines, Broadcom, and major banks are making headlines in the stock market today....
