Tag: economic news
USD/INR Strengthens as US Dollar Demand Rises, Powell’s Speech in Focus
The Indian Rupee faced some challenges on Tuesday as it traded in the negative territory during the Asian session. This weakening can be attributed...
GBPJPY Hits 16-Year High – Forex Analysis and Updates
GBPJPY has been on a winning streak, marking a new 16-year high at 203.57 after ten consecutive days of gains. While this positive momentum...
Eco Data Forecast for June 28, 2024 – Action Forex
On June 28, 2024, various economic indicators were released, providing insights into different economies around the world.In Japan, the Tokyo Consumer Price Index (CPI)...
Canadian Dollar Rises to High End in Quiet Monday Trading
The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...
EUR/USD Rebounds Strongly on Improved Market Sentiment
The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This...
Forexlive Weekly Market Outlook: 24-28 June
The upcoming events for the week include various economic indicators from different countries. On Monday, we have the Bank of Japan releasing the Summary...
New Zealand Dollar Decline: Forex Market Analysis and Strategies
The New Zealand dollar is facing pressure from the strong US dollar, following the Federal Reserve's updated forecasts last week. Stock market expectations suggest...
EUR/JPY Price Analysis: Impact of Political Turmoil on Exchange Rate
The Euro has experienced a decline against the Japanese Yen for the second consecutive day, influenced by political uncertainty in France. This uncertainty stems...