Tag: Currency market

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Australian Dollar Weakens Due to Falling Commodity Prices and Risk-Aversion

In the recent trading session, the Australian Dollar (AUD) experienced a slight uptick against the US Dollar (USD), with AUD/USD reaching 0.65515 following a...
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US Inflation Data Impact on Dollar Index Trading – Action Forex

The dollar index has been showing some upward movement in trading recently, although it remains within a volatile range for the sixth consecutive day....
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USD/JPY Volatility Remains in Focus Post-Bounce | Forexlive

The USD/JPY pair experienced some volatility recently, with the low touching 151.93 before bouncing back. Although it did not reach the 200-day moving average...
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Eco Data Update: July 18, 2024 – Actionable Insights for Forex Trading

On July 18, 2024, several economic data updates were released that could provide valuable insights for forex trading. Let's take a closer look at...
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Eco Data Calendar 7/16/24 – Action Forex

The Eco Data Calendar for July 16, 2024, provides a snapshot of various economic indicators from around the world. Here are some key events...
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USD/JPY Weekly Forecast: Latest Analysis and Trends

The USD/JPY pair experienced a significant drop last week, indicating a short-term peak at 161.94. The presence of bearish divergence in the D MACD...
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USD/CAD Price Outlook: Analysis Before US CPI Release

USD/CAD has been trading within a tight range recently, reflecting the consolidation of the US Dollar Index and the potential rate differential between Canada...
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GBP Forecast: Bank of England Speakers Return – ING

The first week of Keir Starmer as UK Prime Minister is being closely watched by the markets, according to FX analyst Francesco Pesole from...
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GBP Reacts to UK Election Result: Analysis by Rabobank

The GBP has remained relatively stable following the UK election results, despite the lack of significant movement. However, the recent decline in the value...
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RBNZ Rate Decision: Focus on Kiwi – Action Forex

The New Zealand dollar, also known as the Kiwi, has been struggling in the currency exchange market this year. Despite a slight increase against...

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Matt Gaetz Withdraws Nomination for Trump’s Attorney General

US Representative Matt Gaetz has decided to withdraw his nomination as President-elect Donald Trump's choice for U.S. attorney general. This decision comes after facing...