Tag: Economy

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...
news-20062024-073356

China Resumes Buying Precious Metals: What It Means for the Market

China has recently resumed buying precious metals, causing a bullish trend in the market. Shanghai Futures Exchange (SHFE) traders are holding large positions in...
news-19062024-192813

New Zealand Economy Shows Growth Despite Per Capita Decline

New Zealand's economy showed signs of growth in the first quarter of the year, with a GDP increase of 0.2% quarter-on-quarter, exceeding expectations of...
news-19062024-110926

Mexican Peso Faces Pressure Ahead of Retail Sales Data Release

The Mexican Peso experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair...

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news-21112024-182832

Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss

Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...