Tag: Economic Data
USD Under Pressure as Weak Data Emerges
The latest data on job creation in the US private sector has shown weaker growth than expected, putting pressure on the US dollar. According...
US Dollar Weakens on Soft ADP and FOMC Minutes
The US Dollar faced significant selling pressure after disappointing ADP figures from June, causing markets to increase their bets on a Fed rate cut...
Eurozone CPI Slowed to 2.5% in June, Core Unchanged at 2.9% – Market Update
Eurozone CPI, which measures the change in prices of goods and services, experienced a slight slowdown in June. The year-over-year increase in CPI dropped...
Top Eco Data Analysis for 7/1/24 – Actionable Insights | Forex News
The eco data analysis for July 1st, 2024, provides insights into various economic indicators across different countries. Let's take a closer look at some...
Australian Dollar Strengthens as RBA Hawkishness Outweighs Weak US PCE Data
The Australian Dollar (AUD) saw a rise against the US Dollar following a decrease in US inflation in May. This unexpected reduction in inflation...
Cleveland Fed Reports 0.2% Monthly Increase in PCE Inflation
The Cleveland Federal Reserve has reported a 0.2% monthly increase in PCE inflation. This means that prices for goods and services have gone up...
USD/CAD Surges Above 1.3700 Before Core PCE Inflation Release
The USD/CAD pair has been on an upward trend for the fourth day in a row, reaching around 1.3710 during the European trading session...
Fed Inflation Report: What to Expect on Friday
The Commerce Department is set to release a key economic report on Friday that could bring some positive news on inflation. The personal consumption...
Forexlive Economic Calendar: Upcoming Events and Market Updates
Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to be aware that leverage can...
Upcoming Economic Events: US PCE, BoJ SOO, Biden/Trump Debate | Forexlive
The upcoming week from June 24th to June 28th is packed with significant economic events around the world. Let's take a look at some...