Tag: Economic indicators
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...
Expectations for Next Week’s ISM Business PMIs – Action Forex
The upcoming week is expected to be crucial for dollar traders as they await the release of the US ISM manufacturing and non-manufacturing PMI...
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 Unchanged Post Canadian GDP and US PCE Data Release
USD/CAD has seen little movement around the 1.3700 level following the release of key economic data for both Canada and the US. The Canadian...
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...
Eco Data Forecast for June 28, 2024 – Action Forex
On June 28, 2024, various economic indicators were released, providing insights into different economies around the world.In Japan, the Tokyo Consumer Price Index (CPI)...
US Dollar Index Hits Two-Month High Before US PCE Data
The US Dollar Index, which measures the value of the dollar against a basket of currencies, has reached a two-month high as traders await...
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...
US Dollar Fluctuates on Data: Forexlive Americas FX News Wrap
The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1%...