Tag: Economic Data

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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...
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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...
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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...
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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)...
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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...
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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...
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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,...
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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...
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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...
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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...

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Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss

Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...