Tag: Currency trading
EURUSD Technical Analysis: Greenback Continues to Weaken | Forexlive
The US Dollar weakened last Friday due to a soft US NFP report that showed a cooling labor market. This led to an increase...
US Inflation Data Awaited in ForexLive Asia-Pacific FX News Wrap
Today in the world of finance, there are a few key updates to keep an eye on. Firstly, it has been announced that US...
Markets Anticipate Key Event Tomorrow: Countdown Continues | Forexlive
Markets are eagerly anticipating a key event tomorrow, with traders feeling the impatience building as the countdown continues. The kiwi is the only major...
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...
AUDUSD Price Action: Target Level Hit, Sellers Step In – Forex Analysis
The AUDUSD has been fluctuating throughout the day following an upward trend from last week. Today's upward movement reached a new high dating back...
Swiss National Bank Chair Jordan Prepared to Intervene in FX Market – Forexlive
Thomas Jordan, the Chairman of the Swiss National Bank (SNB), recently discussed the Swiss franc and the bank's potential intervention in the foreign exchange...
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...
GBP/USD Extends Winning Streak After NFP Report
GBP/USD saw a rise above 1.2800 after the release of US NFP figures on Friday. The positive data sparked a risk rally in the...
US Non-Farm Payrolls Report Sends USD Lower: Forex Market Wrap (80 characters)
The US jobs report showed that Non-Farm Payrolls increased by 206K, surpassing the 190K estimate. However, the report's details were not as positive as...
USD/JPY Forecast: Key Level to Monitor is 163.00 Above 162.00
The US Dollar (USD) continues to show strength, with a potential test of the resistance at 162.00 on the horizon. If the USD manages...