Tag: Economic indicators
EURUSD Technical Analysis: Greenback Continues to Weaken | Forexlive
The US Dollar weakened last Friday due to a soft US NFP report that showed a cooling labor market. This led to an increase...
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...
Gold Price Outlook: Building on Steady Intraday Ascent, Eyes US Inflation Data
Gold prices have been on the rise for the past three days, although the bullish momentum seems to be lacking. This increase in price...
Inflation Report: Traders Confident in Fed Rate Cut for Thursday’s Key Announcement
The inflation report that is highly anticipated is set to be released on Thursday and it may confirm the expectations for the Federal Reserve...
Timing the First RBNZ Interest Rate Cut: ANZ Insights on Next Week’s CPI
The Reserve Bank of New Zealand decided to keep its cash rate on hold at 5.5%, as most people expected. After the announcement, the...
AUD/NZD Surges as RBNZ Signals Dovish Shift
The AUD/NZD pair saw a significant surge to 1.1090, reaching multi-year highs, following the recent decision by the Reserve Bank of New Zealand (RBNZ)....
UK Data Analysis: Impact of Labour Win on Pound – Action Forex
The UK economy has shown signs of improvement, with GDP growing by 0.7% in the first quarter of the year. Analysts are now expecting...
Atlanta Fed GDPNow Forecast for Q2 2021 Upgraded to 2.0% Growth | Forexlive
The Atlanta Fed recently upgraded its GDP growth forecast for the second quarter of 2021 to 2.0%, up from the previous estimate of 1.5%...
Is Gold Ready to Break Key Resistance Levels? – Action Forex
Gold is currently on the rise after finding support around the 2,450 zone recently. Despite this upward movement, gold is still trading within a...
Breaking Financial News
Investors React to Trump’s Treasury Secretary Pick, Await Inflation Data: Treasury...
U.S. Treasury yields fell on Monday as investors assessed President-elect Donald Trump's pick for Treasury secretary and awaited key inflation data later in the...
