Tag: Economic indicators
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...
USD/JPY Forecast: Key Level to Monitor is 163.00 Above 162.00
The US Dollar (USD) continues to show strength, with a potential test of the resistance at 162.00 on the horizon. If the USD manages...
USD/INR Strengthens as US Dollar Demand Rises, Powell’s Speech in Focus
The Indian Rupee faced some challenges on Tuesday as it traded in the negative territory during the Asian session. This weakening can be attributed...
Forex Market Analysis at Sunset: Latest Updates and Trends
Marine Le Pen's Rassemblement National emerged victorious in the first round of French parliamentary elections, securing around 33% of the vote. The left front...
US Yields Continue to Rise in Forex Markets on July 1: Forexlive Recap
US Treasury yields continued to rise in the forex markets on July 1, with the NASDAQ index starting strong and closing at a record...
Dow Jones Flat After US Data Miss: Monday Market Update
The Dow Jones Industrial Average (DJIA) experienced significant fluctuations on Monday as a result of key US data missing expectations. The US ISM Manufacturing...
June ISM Report: Soft Activity Continues with Cooling Prices
Manufacturing activity in June continued to show signs of weakness, remaining in contraction territory. However, there was a slight decrease in inflation pressure as...
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 China’s Manufacturing PMI Beats Expectations
The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2...
Forex Market Analysis: Weekly Outlook (01-05 July)
This week in the forex market, there are several key events and data releases to keep an eye on. On Monday, we have important...