Tag: Economic indicators
US PCE Inflation in Focus: Week Ahead Agenda – Action Forex
The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
USD/JPY Forex Analysis: Heading Towards Danger Zone
USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
UK Election Turmoil and Mixed Data Weigh on Pound Sterling
The recent data coming out of the United Kingdom has painted a mixed picture of the economy, leading to some turmoil for the Pound...
Eurozone PMI Data Causes EUR/USD Drop Below 1.0700
EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
Eurozone PMI: Manufacturing Drops to 45.6, Services to 52.6 – Market Update
Eurozone's Purchasing Managers' Index (PMI) data for the month of June has raised concerns as both the Manufacturing and Services sectors experienced significant declines....
UK Services PMI for June Falls Below Expectations – Forexlive
The UK Services PMI for June fell below expectations, with a reading of 52.9 compared to the prior 51.2. The Manufacturing PMI came in...
Japan’s CPI Core Accelerates to 2.5% While Core-Core Slows to 2.1%
Japan's core consumer price index (CPI) excluding food prices increased by 2.5% year-on-year in May, which is slightly lower than the expected 2.6%. This...
Expectation of Slow Rate Cuts by Ex-Fed Bullard from FOMC | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks...
NZD/JPY Price Analysis: Cross Extends Gains Above 97.00
The NZD/JPY cross has been on an upward trend, reaching new cycle highs above 97.00. This positive movement continued on Thursday as the cross...
GBP/USD Price Drops After BoE Keeps Rates Steady
The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...
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Top Movers Pre-Market: Goldman Sachs, BlackRock, Rigetti Computing, Meta & More
Goldman Sachs Leads Top Movers in Pre-Market TradingIn the fast-paced world of pre-market trading, Goldman Sachs shines as one of the top movers today....
