Tag: Economic indicators
UK Pound Sterling Strengthens Amid Softening US Wage Growth and UK Labour Majority Hold
The Pound Sterling has shown remarkable strength in the currency market, especially after the recent UK parliamentary elections where Keir Starmer's Labour Party secured...
GBP/USD Price Analysis: Bulls Aim for Daily Close Above 1.2800
The GBP/USD pair experienced an increase of more than 0.20% following the release of the US jobs report for June. The data showed that...
US Non-Farm Payrolls Report Sends USD Lower: Forex Market Wrap (80 characters)
The US jobs report showed that Non-Farm Payrolls increased by 206K, surpassing the 190K estimate. However, the report's details were not as positive as...
French Elections Round Two, Powell Testimony, and US CPI Preview – Action Forex
Traders are eagerly watching the outcome of the French election, with the far-right National Rally (RN) leading the first round but facing opposition from...
NASDAQ Sets Record Highs Every Day This Week | Forexlive
The stock market saw another successful week with the NASDAQ hitting record highs every day. The Dow Industrial Average, S&P index, and NASDAQ index...
Federal Reserve Seeks Confidence Before Implementing Rate Cuts
The Federal Reserve recently released its Semi-Annual Monetary Policy Report, highlighting that while there has been some progress on inflation this year, they are...
RBNZ Rate Decision: Focus on Kiwi – Action Forex
The New Zealand dollar, also known as the Kiwi, has been struggling in the currency exchange market this year. Despite a slight increase against...
Swiss National Bank’s Jordan on Inflation: Analysis and Insights
The Swiss National Bank's Chairman, Thomas Jordan, recently discussed the issue of inflation in the economy. He emphasized the importance of understanding the risks...
Eurozone Retail Sales Increase Slightly in May | Forexlive
Eurozone retail sales saw a slight increase in May, according to the latest data. This news may impact foreign exchange trading, which carries a...
Analyzing USD/JPY Pullback: Insights from Action Forex
The USD/JPY pair recently reached a new multi-year high at 161.95 before experiencing a correction. It dropped below a key bullish trend line with...
Breaking Financial News
Trump’s Treasury Pick Bessent Boosts U.S. Stock and Bond Markets
After President-elect Donald Trump announced his pick for Treasury secretary, Scott Bessent, the U.S. stock market and bond markets reacted positively. Bessent, the founder...
