Tag: Currency exchange rates
Eco Data Forecast for June 28, 2024 – Action Forex
On June 28, 2024, various economic indicators were released, providing insights into different economies around the world.In Japan, the Tokyo Consumer Price Index (CPI)...
Impact of UK General Election on Pound: Expert Analysis and Forecast
On July 4, Britons will be voting in a general election that could potentially end 14 years of Conservative rule. The Labour Party is...
Forex and Cryptocurrency Forecast: Expert Analysis and Predictions
The recent data from Eurostat has shown a rise in inflation in the Eurozone countries, reaching 2.6% in May. This increase in consumer prices...
Silver Price Forecast: XAG/USD Drops Below $30 Amid Bearish Engulfing Pattern
Silver prices experienced a significant drop, falling 3.86% due to the influence of strong US Treasury bond yields and a robust US Dollar. The...
BoE August Rate Cut Increases, EUR/GBP Recovery Delayed
Thursday's statement from the Bank of England (BoE) indicates that there may be an interest rate cut coming soon, according to ING's FX Strategist...
USD/NOK Rises as Norges Bank Maintains Hawkish Stance
The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...