Tag: Financial news

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EUR/USD Forecast: Lower Trading Expected Ahead of US Core PCE and French Election –...

The Euro is facing pressure this week due to dovish signals from major European central banks and concerns about fiscal and political developments in...
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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...
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USD Strengthens following Recent European Central Bank Activities – ING

The Dollar gained strength due to recent activities by the European Central Bank, according to FX Strategist Francesco Pesole from ING. This was influenced...
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US Equities End Week on Soft Note: Market Analysis | Forexlive

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to carefully consider your investment objectives,...
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US Housing Starts Plunge in Forexlive Americas FX News Wrap

US housing starts for the month of May came in lower than expected at 1.277 million, missing the 1.370 million forecast. Additionally, initial jobless...
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GBP Volatility Ahead: Bank of England Verdict – Action Forex

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to...
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...
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Gold Price Approaches Key Resistance Level, Reaches One-Week High

Gold Price Reaches One-Week High Amid Fed Rate Cut BetsThe gold price has been on the rise, reaching over a one-week high of around...
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Gold Price Increases as Traders Expect Fed Rate Cuts

Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data...
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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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Expectations for Next Week’s ISM Business PMIs – Action Forex

The upcoming week is expected to be crucial for dollar traders as they await the release of the US ISM manufacturing and non-manufacturing PMI...