Tag: Economic indicators

Last week was full of market volatility with various factors influencing different currencies and stock markets. The Yen saw a strong rally against major currencies, with Swiss Franc and Dollar also performing well. On...

Upcoming events in the financial market for this week include a range of economic indicators and policy decisions that could impact various currencies and markets. On Monday, the US Treasury will release their refunding...

In the recent trading session, the Australian Dollar (AUD) experienced a slight uptick against the US Dollar (USD), with AUD/USD reaching 0.65515 following a period of intense selling pressure. This recovery comes amidst concerns...

The US Dollar, as measured by the DXY Index, faced some challenges in bouncing back after the release of mixed Personal Consumption Expenditures (PCE) data. There is uncertainty in the market regarding a potential...

US stocks closed the week with gains, with the S&P and Nasdaq lower for the week. Next week is expected to be a big week for earnings reports. The Baker Hughes oil rig count...

In the trading world, the NZD/USD pair has shown some signs of a slight rebound recently, settling near the 0.5900 mark after facing a strong bearish influence. Despite this small bounce, the pair had...

A trio of central bank meetings are set to take place soon, with the Bank of Japan (BoJ), the Federal Reserve (Fed), and the Bank of England (BoE) all making important rate decisions. The...

Foreign exchange trading can be a risky venture, not suitable for all investors. It's important to be aware of the risks involved, especially with leverage, which can increase the potential for loss. Before diving...

Gold prices have been making significant moves recently, bouncing back from daily lows and currently standing at $2,385. This increase comes amid a weakening US dollar and anticipation of potential rate cuts by the...

The European Central Bank (ECB) is facing challenges in dealing with stubborn services inflation, according to Executive Board member Isabel Schnabel. She mentioned that a single rate cut from the ECB does not guarantee...

The focus for investors today is on the US core PCE price index, a key inflation indicator. The broader markets are hoping for a break today after a tough week, but all eyes are...

Japan's Tokyo consumer price index (CPI) core, excluding food, rose slightly from 2.1% year-on-year to 2.2% year-on-year in July, meeting market forecasts. This is the third consecutive month of acceleration, rebounding from a drop...

The USD/JPY pair managed to recover from its daily low of 151.94 and ended Thursday's session unchanged at 153.93. This recovery was supported by the release of better-than-expected US GDP figures for the second...

The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from the short-term peak of 1.0947 could continue towards the 55-day...

The euro initially dropped on Wednesday but has since bounced back. In the current North American trading session, EUR/USD is at 1.0860, showing a 0.07% increase for the day.Eurozone PMI numbers came in weaker...

Foreign exchange trading is known to carry a high level of risk, which may not be suitable for all investors. It is essential to understand that leverage can create additional risk and increase the...

EUR/USD and USD/CHF Trends AnalysisIn the world of forex trading, the EUR/USD and USD/CHF pairs have been making significant movements. Let's take a closer look at the technical analysis for these currency pairs.EUR/USD Technical...

Foreign exchange trading is a high-risk activity that may not be suitable for all investors. It is important to understand the risks involved, especially when using leverage, which can increase the potential for loss....

The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for July was reported at 47.2, while the Services PMI stood...

EUR/JPY experienced a significant drop of almost 1% on Tuesday due to the strengthening of the yen following hawkish discussions that suggest the Bank of Japan may increase interest rates. This resulted in the...

AUDUSD has been on a downward trend since July 15, with the bears breaking through the key support level of 0.6690. The pair is now back within a range that it has been trading...

Entering the world of financial markets, investors often find themselves choosing between Forex and Futures trading. Both options have their own advantages and risks, so it's crucial to understand the key differences between them...

The Chicago Federal Reserve's National Activity Index (CFNAI) is a key indicator of economic activity and inflationary pressure, based on 85 monthly indicators. In June, the CFNAI fell to +0.05 from +0.23 in May,...

The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of growth and inflation in the US. The upcoming Preliminary GDP...

It's been a rather uneventful summer for the markets lately, with this week starting off on a quiet note that is typical for this time of year. The economic calendar for today is looking...

Congress has given the Federal Reserve a dual mandate to focus on "maximum employment" and "price stability." In recent years, the focus has been on the latter due to high inflation rates. However, there...

Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a further increase as long as the minor support level of...

The upcoming week is packed with important economic events that could impact global markets. Here's a breakdown of some key events to keep an eye on:PBoC LPR (Mon): The People's Bank of China is...

The upcoming week is filled with important events that could impact the global markets. On Monday, the People's Bank of China (PBoC) is expected to maintain the Loan Prime Rate (LPR) at 3.45% for...

The People's Bank of China is set to announce the 1- and 5-year loan prime rates on Monday, as the usual announcement date of the 20th falls on a Saturday this month. Earlier this...

According to experts, the Bank of Canada is expected to lower the benchmark interest rate to 4.5% in response to softer inflation in Canada in June. This anticipated rate cut follows a similar 25-basis...

Investors are eagerly awaiting upcoming economic events that will shed light on the current state of various economies and potentially impact their trading decisions. One key event is the release of the first estimate...

The recent economic data from China has been disappointing, leading to a revision in the annual GDP growth forecast for 2024. The country's economy has shown a renewed downturn, with weak domestic consumption being...

China's senior party official for economic affairs recently made a statement regarding the country's economic recovery. According to the official, China's economic recovery is not as strong as it should be. In order to...

The European Central Bank (ECB) announced today that they have decided to keep their key policy rates unchanged in a unanimous decision. They reiterated their stance of not committing to a specific rate path...