Tag: Exchange rate
AUD/USD Consolidates Near 0.6750 Amid US Inflation Anticipation
The AUD/USD pair is currently trading near 0.6750 as investors await the release of the US Consumer Price Index (CPI) data for June. This...
Mexican Peso Strengthens on Positive Inflation Data
The Mexican Peso saw a significant increase in value as the USD/MXN pair dropped below 18.00. This surge was driven by the positive inflation...
EUR/JPY Price Analysis: Holding Steady at 174.50 Amid Overbought Condition
EUR/JPY is currently trading around 174.30, putting a stop to its three-day decline. The daily chart analysis reveals a rising wedge pattern, which suggests...
Pound Sterling Rises as UK Starmer Wins and Fed Rate-Cut Bets Increase
The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum...
Japanese Yen Strengthens as US Dollar Weakens on Fed Rate Cut Expectations
The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data...
GBP/USD Extends Winning Streak After NFP Report
GBP/USD saw a rise above 1.2800 after the release of US NFP figures on Friday. The positive data sparked a risk rally in the...
Bulls Gain Control as NZD/USD Closes Above Critical Resistance – Weekly Price Analysis
The NZD/USD pair has shown a positive trend as it closed above the 20 SMA support at 0.6120, indicating bullish momentum. The pair tested...
GBP/USD Price Analysis: Bulls Aim for Daily Close Above 1.2800
The GBP/USD pair experienced an increase of more than 0.20% following the release of the US jobs report for June. The data showed that...
GBP Reacts to UK Election Result: Analysis by Rabobank
The GBP has remained relatively stable following the UK election results, despite the lack of significant movement. However, the recent decline in the value...
Swiss National Bank’s Jordan on Inflation: Analysis and Insights
The Swiss National Bank's Chairman, Thomas Jordan, recently discussed the issue of inflation in the economy. He emphasized the importance of understanding the risks...
Breaking Financial News
Federal Reserve Concerns Over Inflation Impacts of Trump Policies: Meeting Minutes
**Federal Reserve Cautious About Inflation After Trump Policies: Meeting Minutes**Federal Reserve officials are expressing concern about inflation and the potential impacts of President-elect Donald...
