Tag: Currency market
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...
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....
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...
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...
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...
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...
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...
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...
USD Under Pressure as Weak Data Emerges
The latest data on job creation in the US private sector has shown weaker growth than expected, putting pressure on the US dollar. According...
US Dollar Weakens on Soft ADP and FOMC Minutes
The US Dollar faced significant selling pressure after disappointing ADP figures from June, causing markets to increase their bets on a Fed rate cut...