Tag: Economic Data
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...
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...
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...
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...