Tag: Economic indicators
Navigating the Challenge of Stubborn Services Inflation
The European Central Bank (ECB) is facing challenges in dealing with stubborn services inflation, according to Executive Board member Isabel Schnabel. She mentioned that...
Fed’s Preferred Measure of Inflation in Focus for Investors | Forexlive
The focus for investors today is on the US core PCE price index, a key inflation indicator. The broader markets are hoping for a...
Tokyo CPI Core Rises While Core-Core Falls: BoJ Rate Hike Uncertainty – Action Forex
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...
USD/JPY Volatility Remains in Focus Post-Bounce | Forexlive
The USD/JPY pair experienced some volatility recently, with the low touching 151.93 before bouncing back. Although it did not reach the 200-day moving average...
USD/JPY Price Analysis: Recovery and Consolidation at 154.00
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...
EUR/USD Forecast: Mid-Day Analysis and Outlook – Action Forex
The EUR/USD pair continues to show a downward bias during mid-day trading, with the fall from the short-term top of 1.0947 expected to reach...
EUR/USD Daily Forecast: Expert Analysis and Predictions for Forex Traders
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...
EUR/USD Rebounds as Eurozone PMI Data Disappoints – Action Forex
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...
Nasdaq Suffers Worst Trading Day Since November 2, 2022 | Forexlive
Foreign exchange trading is known to carry a high level of risk, which may not be suitable for all investors. It is essential to...
US Trade Deficit Widens as Goods Exports and Imports Increase Year-Over-Year
The US trade deficit has widened as both goods exports and imports increased year-over-year. In June, goods exports rose by 5.7% to reach $172.32...