Tag: Economic Data
Forexlive Weekly Market Outlook: 05-09 August
This week is filled with key economic events that will impact the global markets. On Monday, keep an eye on the US ISM Services...
The Relationship Between the Economy and the Stock Market: A Comprehensive Analysis
The recent dip in the Nasdaq by 10.4% over the past three weeks may seem like a cause for concern, but when viewed in...
AUDUSD Drops to 2-month Low: Expert Analysis and Forecast
AUDUSD has been on a downward trend since July 11, dropping to its lowest level since May 1. The pair has broken both its...
US Dollar Unsettled by Mixed PCE Data
The US Dollar, as measured by the DXY Index, faced some challenges in bouncing back after the release of mixed Personal Consumption Expenditures (PCE)...
EUR/USD Consolidates Ahead of US Core PCE Inflation Data
EUR/USD is currently in a consolidation phase as investors await the release of the US core PCE Price Index for June. The annual US...
Tokyo CPI Core Rises While Core-Core Falls: BoJ Rate Hike Uncertainty – Action Forex
Japan's Tokyo consumer price index (CPI) core, excluding food, rose slightly from 2.1% year-on-year to 2.2% year-on-year in July, meeting market forecasts. This is...
USD/CHF Extends Decline Near 0.8800 as US June PCE Data Looms
The USD/CHF pair is seeing a decline near 0.8800 as the US economy data looms. Despite stronger-than-expected US economy data, the Greenback is dropping,...
EUR/USD Rebounds as Eurozone PMI Data Disappoints – Action Forex
The euro initially dropped on Wednesday but has since bounced back. In the current North American trading session, EUR/USD is at 1.0860, showing a...
USDJPY Hits Lowest Level Since May 16 | ForexLive Trading Update
The USDJPY currency pair has been on a downward trend and has reached its lowest point since May 16. This decline has caused the...
US Economic Data Preview: GDP and PCE Inflation Ahead of July FOMC
The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of...