Tag: Economy
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...
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...
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...
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...
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...
Breaking Financial News
CFPB Sues JPMorgan Chase, Bank of America, Wells Fargo for Zelle...
The CFPB Sues Major Banks Over Zelle Payment FraudIn a stunning turn of events, the Consumer Financial Protection Bureau (CFPB) has taken legal action...
