Tag: Economy
UK General Elections Boost Pound Sterling’s Gains: What’s Next?
The Pound Sterling has been on the rise lately, gaining strength against the US Dollar. This increase in value can be attributed to the...
Federal Reserve Aims to Achieve 2% Inflation Goal Before Cutting Rates
Federal Reserve officials discussed the progress of inflation during their June meeting and concluded that while it is moving in the right direction, more...
Avoiding Another Greek Crisis: Europe’s Top Priority
Another debt crisis is brewing in Europe, and this time it's Greece that is at the center of it. The country needs European creditors...
Eurozone Inflation Deceleration Stalled: Analysis and Forecast
Eurozone inflation has been holding steady, with the CPI standing at 2.5% year on year, remaining within the range of 2.4% to 2.6% for...
Warning Signs of Weakening Real Economy Spotted by Fed’s Goolsbee | Forexlive
A warning sign of a weakening real economy has been spotted by the Federal Reserve's Goolsbee. He still believes that the 'golden path' is...
Eurozone Inflation Forecast: Slowing Down – ING
The Euro (EUR) experienced a relief rally after the French election results met expectations. However, the rally lost momentum on Monday as doubts emerged...
June ISM Report: Soft Activity Continues with Cooling Prices
Manufacturing activity in June continued to show signs of weakness, remaining in contraction territory. However, there was a slight decrease in inflation pressure as...
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...
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...
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...
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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...
