Tag: Economic indicators
BOJ Expected to Raise Rates Next Month, MOF Under Pressure: Latest Update
The yen has been weakening recently, with USD/JPY rising above 159.00 and approaching the year-to-date high of 160.17 from April. Despite Japan's intervention in...
Silver Price Forecast: XAG/USD Drops Below $30 Amid Bearish Engulfing Pattern
Silver prices experienced a significant drop, falling 3.86% due to the influence of strong US Treasury bond yields and a robust US Dollar. The...
GBP/USD Weekly Forecast: Key Analysis and Predictions
The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias...
Forexlive Weekly Market Outlook: 24-28 June
The upcoming events for the week include various economic indicators from different countries. On Monday, we have the Bank of Japan releasing the Summary...
NZD/USD Price Analysis: Bearish Outlook as Bulls Face Resistance
The New Zealand Dollar (NZD) versus the US Dollar (USD) pair experienced a three-day losing streak, closing the week on a negative note with...
USD/JPY Weekly Forecast and Analysis – Action Forex
The USD/JPY pair saw a significant increase last week, rising from 151.68 to 159.81, showing no clear signs of a peak yet. The initial...
Australian Dollar Weakens as PMI Data Disappoints
The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing...
Gold price drops due to firm US yields and strong USD following solid US...
Gold prices took a hit on Friday, dropping more than 1.70% as economic data from the United States led investors to rethink the possibility...
EUR/USD Weekly Forecast: Latest Analysis and Trends for Traders
EUR/USD maintained its position above 1.0667 throughout the previous week, with the outlook remaining the same. The initial bias for this week is neutral,...
GBP/JPY Forecast: Weekly Analysis and Outlook for Traders
GBP/JPY continues its upward trend, reaching as high as 202.01 after a brief retreat. The initial bias for this week is on the upside,...