Tag: Economic indicators
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%...
Gold Price Soars as US Dollar Weakens Before PCE Data
Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1%...
JP 225 Surges to 2-Month High – Latest Analysis and Forecast
The JP 225 index has been steadily rising recently, reaching its highest point since April 12th. Momentum indicators are showing a strong upward trend,...
Federal Reserve’s Bostic Predicts Interest Rate Cuts in 2021 and 2025
Federal Reserve's Bostic recently made predictions about interest rate cuts in the coming years. He mentioned that inflation is moving in the right direction...
USD/JPY Breaks Through 160.00 Barrier to Hit New Multi-Decade Highs
The USD/JPY pair surged to a new multi-decade high above the 160 level on Wednesday, signaling a strong bullish momentum in the market. Despite...
US Equities Surge to Close on Highs as Bulls Rally | Forexlive
The US stock market had a rocky start today, with equities falling early in the day. However, a late surge in buying activity, particularly...
Gold Prices Decline as Strong US Yields Boost US Dollar
Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming...
USD/CNH Forecast: Potential Break Above 7.3000 to Reach 7.3100 – UOB Group
The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...
Tokyo CPI Impact on July BoJ Meeting – Action Forex
The Bank of Japan (BoJ) meeting minutes suggest that a rate hike in July is still on the table. Despite keeping interest rates unchanged...
BREAKING NEWS
XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area
The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...
