Tag: Currency trading

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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...

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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...