Tag: Economic indicators

news-16062024-232526

Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut

The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD)....
news-16062024-192503

Maintaining Offered Tone: NZD/USD Near 0.6130-0.6125 Area

The NZD/USD pair experienced some selling pressure for the third consecutive day on Monday. This was influenced by mixed Chinese data that did not...
news-16062024-144351

Australian Dollar weakens ahead of RBA decision

The Australian Dollar (AUD) weakened against the US Dollar (USD) as markets anticipated the Reserve Bank of Australia's (RBA) decision next week. Despite strong...
news-16062024-144112

USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders

The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the...
news-16062024-143809

EUR/USD Weekly Forecast: Key Analysis and Predictions

Last week, the Euro saw a significant decline indicating that the rebound from 1.0601 may have already ended as a correction to 1.0915. This...
news-16062024-143500

Forex & Cryptocurrency Forecast: Expert Analysis & Predictions

The past week in the world of Forex and cryptocurrency trading was filled with significant events and developments that impacted the markets. Let's take...
news-16062024-143417

Gold price surges as US inflation falters against Fed’s hawkish stance

Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase...
news-16062024-125220

Gold Price Drops Following Release of U.S. Producer Prices Data

Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would...
news-15062024-214446

Global Economy Update: Fed Holds, BOJ Leaves Yen at Risk

Federal Reserve officials have decided to cut interest rates only once this year, with more reductions expected in 2025. They believe that keeping borrowing...

Dry Bulk Market: Capesize Ends Week on Positive Note | Hellenic Shipping News Worldwide

Dry Bulk Market: Capesize Ends Week on Positive NoteIn the world of international shipping news, the Dry Bulk Market saw the Capesize Timecharter Average...

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