Tag: exchange rates
Australian Dollar Strengthens after Positive PPI Data
The Australian Dollar showed strength against the US Dollar after positive Producer Price Index (PPI) data was released. The PPI in Australia rose by...
Forexlive Americas FX News Wrap: Rebound Day with AUD Higher, CHF Lower, and Stocks...
US stocks closed the week with gains, with the S&P and Nasdaq lower for the week. Next week is expected to be a big...
Central Bank Meetings: BoJ, Fed, and BoE – Rate Decisions Ahead
A trio of central bank meetings are set to take place soon, with the Bank of Japan (BoJ), the Federal Reserve (Fed), and the...
Bank of England Preview: Dovish Hold and Limited EUR/GBP Downside – Action Forex
The Bank of England (BoE) is expected to maintain the Bank Rate at 5.25% on August 1st, despite market expectations for a 25bp cut...
US Inflation Data Impact on Dollar Index Trading – Action Forex
The dollar index has been showing some upward movement in trading recently, although it remains within a volatile range for the sixth consecutive day....
Bank of Canada Reduces Policy Rate to 4.5%
The Bank of Canada recently made the decision to lower the overnight rate to 4.50% from 4.75%, while also confirming that Quantitative Tightening (QT)...
Canadian CPI Release Suggests Bank of Canada Rate Cut – CIBC Analysis
The Bank of Canada is set to meet on July 24, and many economists are predicting a rate cut. This prediction is further supported...
Cable Aims for 1.30: Forex Market Update
The pound is currently experiencing a significant breakout, with gains in nine out of the past 10 days, including three substantial increases in a...
US Inflation Data Awaited in ForexLive Asia-Pacific FX News Wrap
Today in the world of finance, there are a few key updates to keep an eye on. Firstly, it has been announced that US...
Euro’s Response to Falling Investor Confidence – Action Forex
The euro is not moving much today. It is currently trading at 1.0819 against the US dollar, which is a slight increase of 0.05%.
Investor...
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Restaurant Industry Looks Forward to 2025 Amidst Slow Traffic and Bankruptcies
After a challenging year for the restaurant industry, executives are eagerly anticipating the arrival of 2025. Despite a significant increase in restaurant bankruptcies and...
