Tag: Economy

news-18062024-194920

USD/INR Exchange Rate Rises Despite Weak US Retail Sales

The Indian Rupee (INR) saw a decline on Wednesday, despite the weaker US Dollar (USD) in the market. Investors are closely watching the ongoing...
news-18062024-154919

Q1 New Zealand Current Account Deficit Narrows to -4.359bn NZD

The recent data release showing New Zealand's current account deficit narrowing to -4.359 billion NZD has had minimal impact on the NZD/USD trading pair,...
news-18062024-094740

Fed’s Barkin Optimistic on Inflation, Emphasizes Sustainment and Broadening – Analysis and Outlook

Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current...
news-17062024-154351

Mexican Peso Weakens Amid Support for Judicial Reform: What Investors Need to Know

The Mexican Peso faced a slight decline against the US Dollar on Monday, dropping by 0.29% as investors turned risk-averse due to weak economic...
news-17062024-114059

Federal Reserve Caution: Interest Rates Will Remain Steady Amid Cooling Inflation Data

The Federal Reserve has announced that interest rates will remain steady for the time being, despite recent cooling inflation data. The Fed is looking...
news-17062024-094241

Euro Stable as Market Anxiety Eases – Action Forex

The euro remained stable on Monday, with EUR/USD trading at 1.0714, up 0.10% on the day. The recent market anxiety triggered by the upcoming...
news-17062024-094220

Stock Market Update: Nasdaq Leads Gains in Latest Trading Session

The stock market in the US is seeing an overall increase today, with the NASDAQ index leading the way towards gains. If the NASDAQ...
news-17062024-072614

Is Trump the reason for record-breaking stock market highs?

The stock market hit record highs on Monday, with the Dow, S&P 500, Nasdaq, and Russell 2000 all reaching new peaks. Investors are excited...
news-16062024-232526

Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut

The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD)....
news-16062024-143417

Gold price surges as US inflation falters against Fed’s hawkish stance

Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase...

Forex News

Breaking Financial News

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...