Tag: Economic indicators
US Dollar Movement Ahead of Nonfarm Payrolls: Analysis and Predictions
The US Dollar has seen some mild selling pressure, hovering around 104.20 during the European session. This slight decline comes after concerns about a...
Eco Data Analysis and Forecasts for August 2, 2024
On August 2, 2024, various economic data and forecasts were released for different countries around the world. Let's take a closer look at the...
Australian Dollar Strengthens after Positive PPI Data
The Australian Dollar showed strength against the US Dollar after positive Producer Price Index (PPI) data was released. The PPI in Australia rose by...
Atlanta Fed GDPNow Q3 Growth Estimate Revised Down to 2.5% | Forexlive
The latest update from the Atlanta Federal Reserve shows a slight downgrade in the GDP growth estimate for the third quarter of this year....
Understanding the Impact of Global Macro Flows on Recent Oil Price Trends
Energy markets are currently experiencing a situation where the rise in oil prices is not reflecting a significant increase in supply risk premia, according...
Japan’s PMI Manufacturing in July: Finalized at 49.1, Back in Contraction
Japan’s PMI Manufacturing for July has been officially confirmed at 49.1, a decrease from June's 50.0, indicating a return to contraction in the sector...
FX Option Expiries at 10am New York Cut: August 1st Update | Forexlive
FX Option Expiries at 10am New York Cut: August 1st UpdateToday, the focus is on one particular FX option expiry at the 1.0850 level...
Gold Price Consolidates Near $2,450 as Bulls Exercise Caution Amid Risk-On Sentiment
Gold price has been on the rise, hitting a two-week high near $2,450 on Thursday. This increase can be attributed to various factors that...
Federal Reserve Maintains Interest Rates at 5.25-5.50%, Future Cuts Uncertain – Action Forex
The Federal Reserve decided to keep interest rates steady at 5.25-5.50%, a move that was widely expected. The decision was made with a unanimous...
June FOMC Statement Highlights and Analysis | Forexlive
The Federal Open Market Committee (FOMC) recently released its June statement, outlining key highlights and analysis for the current economic situation in the United...
Breaking Financial News
Matt Gaetz Withdraws Nomination for Trump’s Attorney General
US Representative Matt Gaetz has decided to withdraw his nomination as President-elect Donald Trump's choice for U.S. attorney general. This decision comes after facing...
