Tag: economic news
Wholesale Prices Rise 0.2% in December: Inflation Watch
**Wholesale Prices Rise 0.2% in December: Inflation Watch**Customers bustling through a Costco store in Novato, California on December 11, 2024, were met with a...
What to Expect from the Federal Reserve’s Interest Rate Decision on Wednesday
Federal Reserve to Announce Interest Rate Decision
Federal Reserve Chair Jerome Powell is set to announce the central bank's interest rate decision on Wednesday, following...
GBP/USD Ends Down Week Despite Sterling Uptick – Weekly Market Recap
GBP/USD struggled to gain momentum on Friday, only edging up by 0.13% as the Pound Sterling faced pressure due to the looming rate cut...
EUR/USD struggles to break above 1.09 resistance in light Friday trading
The EUR/USD pair experienced a slight uptick on Friday, although it remained in negative territory for the week overall. Market sentiment has been primarily...
Australian Dollar Weakens Due to Falling Commodity Prices and Risk-Aversion
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...
MLF Day in China: People’s Bank of China Not Expected to Cut Rates |...
The People's Bank of China announced on the 15th of this month that the Medium-term Lending Facility (MLF) rate will remain at 2.5%. This...
GBP/USD Price Analysis: BoE’s Pill Remarks Propel Pair Above 1.2800
The Pound Sterling saw a rise to 1.2842 against the US Dollar following comments from the Bank of England's Huw Pill cautioning against making...
Gold Price Analysis: NFP Report Boosts Bullish Sentiment | Forexlive
Last Friday, the price of gold went up after the US NFP report was released. The report showed that the labor market was slowing...
Japanese Yen Strengthens as US Dollar Weakens on Fed Rate Cut Expectations
The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data...
Gold Price Surges to Six-Week High Amid Weak US Labor Market Data
Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls...
Breaking Financial News
Top Stock Movers After Hours: Netflix, Oracle, United Airlines, Interactive Brokers
Stock Market Update: Top Stock Movers After HoursIn a surprising turn of events, several major companies experienced significant movement in their stock prices after...
