Tag: Currency market
USD/CAD Unchanged Post Canadian GDP and US PCE Data Release
USD/CAD has seen little movement around the 1.3700 level following the release of key economic data for both Canada and the US. The Canadian...
Forexlive Americas FX News Wrap: USD Rises on Strong Flash S&P Data | 21...
The week ended on a soft note for US equities, with key events and releases to watch in the upcoming week. Gold saw a...
US Dollar Strengthens as Treasury Yields Rise amid Weak Data
The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in...
Swiss National Bank Chairman Jordan Discusses Two-Way FX Intervention | Forexlive
The Chairman of the Swiss National Bank, Thomas Jordan, recently discussed the impact of the appreciation of the Swiss franc on monetary conditions. He...
UK Inflation and BoE Policy Push Pound Sterling Below 1.2700
The Pound Sterling is facing challenges as it continues to weaken against the US Dollar for the third consecutive trading day. Currently, the GBP/USD...
EUR/USD Weakness: UBS Outlook on Downside Levels and Triggers
Last week, the EUR/USD experienced a drop due to political news from France, causing it to open the new week with a gap down....
EUR/JPY Price Analysis: Impact of Political Turmoil on Exchange Rate
The Euro has experienced a decline against the Japanese Yen for the second consecutive day, influenced by political uncertainty in France. This uncertainty stems...
Global Economy Update: Fed Holds, BOJ Leaves Yen at Risk
Federal Reserve officials have decided to cut interest rates only once this year, with more reductions expected in 2025. They believe that keeping borrowing...