Tag: Economy

news-01072024-030223

Australian Dollar Strengthens as China’s Manufacturing PMI Beats Expectations

The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2...
news-27062024-193926

Suzuki of Japan Warns Against Undesirable Rapid FX Movements

Japan's Finance Minister, Suzuki, recently made some remarks about the foreign exchange market that have caught the attention of many. He emphasized the importance...
news-27062024-193855

US Dollar Index Hits Two-Month High Before US PCE Data

The US Dollar Index, which measures the value of the dollar against a basket of currencies, has reached a two-month high as traders await...
news-27062024-150024

Fed Inflation Report: What to Expect on Friday

The Commerce Department is set to release a key economic report on Friday that could bring some positive news on inflation. The personal consumption...
news-22062024-202613

Australian Dollar Weakens as PMI Data Disappoints

The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing...
news-22062024-103649

Gold Price Drops $40 After Short-Lived Rally

Gold prices took a hit today, dropping by $40 after a brief rally that had investors hopeful. The drop has reignited concerns about the...
news-22062024-002026

Gold Price Drops Following Release of Strong US PMI Data

Gold prices took a hit after the release of strong US PMI data, which showed that both manufacturing and services activity remained robust in...
news-20062024-193739

Achieving Stable FX Levels in Japan: Benefits and Strategies

Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having...
news-20062024-151158

Understanding the Reasons Behind the Doubling of Oil Prices

Oil prices have doubled in the market, reaching $53.50 per barrel, thanks to the efforts of major oil producers like OPEC. The price collapse...
news-20062024-133552

GBP/USD Price Drops After BoE Keeps Rates Steady

The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...

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