Tag: Currency exchange rates

news-09072024-204321

Australian Dollar Stable After China CPI Data: Analysis and Insights

The Australian Dollar faced a decline on Wednesday, as the US Dollar gained strength following Federal Reserve (Fed) Chairman Jerome Powell’s testimony before the...
news-07072024-143325

Mexican Peso Surges to 3-Day High, Ends Week with 1% Gain

The Mexican Peso experienced a surge to an eight-day high of 17.99 against the US Dollar before losing momentum and fluctuating within the 17.99...
news-07072024-083238

Forex and Cryptocurrency Forecast for Traders – Action Forex

On Friday, June 5, the Dollar Index (DXY) hit a three-week low, while the euro showed its largest weekly gain against the dollar in...
news-03072024-081447

Sunset Market Analysis – Actionable Insights for Forex Traders

European markets experienced a risk-on movement today, following a record close of the US S&P 500 above the 5500 mark. This positive sentiment also...
news-27062024-194003

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)...
news-26062024-193001

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...
news-23062024-083735

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...
news-23062024-083655

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...
news-21062024-154411

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...
news-21062024-114027

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...

Forex News

Breaking Financial News

news-22112024-202424

X’s New Terms of Service Causing Users to Leave Elon Musk’s...

Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...