Tag: Economic Data
Fed Rate Cut Prospects Strengthened by Expected Consumer Price Index
Central banks play a crucial role in maintaining price stability within a country or region. This is achieved by managing inflation and deflation through...
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...
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...
Crude Oil Technical Analysis: Impact of Weak US NFP Report on Sentiment | Forexlive
Crude oil has been performing well in the market since hitting a low point in early June. Factors like OPEC's extension of output cuts,...
June CPI Preview: Anticipated Payback for May with Continued Downward Trend
Consumer price inflation likely increased slightly in June compared to May but continued to follow a downward trend overall. It is estimated that the...
Upcoming US Economic Events: CPI, Powell Testimony, and Earnings | Forexlive
The upcoming week is filled with various economic events that could impact the global markets. Here is a breakdown of the key events to...
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...
EUR/USD Surges to Friday Highs on Rate Cut Hopes
The EUR/USD currency pair experienced significant movement last week, reaching highs of 1.3840 as investors reacted to the US Nonfarm Payrolls (NFP) report. Despite...
Gold price outlook: Climbing towards two-week high with focus on US NFP
Gold prices are on the rise, moving closer to a two-week high as investors focus on the upcoming US Nonfarm Payrolls (NFP) report. The...
Gold Price Consolidates Ahead of US NFP Data – Market Update
Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair...