Tag: Economic Data

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June 2024 Inflation Breakdown: A Comprehensive Chart Analysis

Inflation in June continued to decrease as lower gasoline prices and easing price pressures provided some relief for consumers. According to the U.S. Labor...
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GBP/USD Price Analysis: Breaking 1.2900 Barrier Amid Weakening USD

The Pound Sterling saw a significant increase in value against the US Dollar as a result of positive data from the UK and disappointing...
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USD/CAD Price Outlook: Analysis Before US CPI Release

USD/CAD has been trading within a tight range recently, reflecting the consolidation of the US Dollar Index and the potential rate differential between Canada...
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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...
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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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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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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,...
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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...
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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...
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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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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...