Tag: Financial news
Timing the First RBNZ Interest Rate Cut: ANZ Insights on Next Week’s CPI
The Reserve Bank of New Zealand decided to keep its cash rate on hold at 5.5%, as most people expected. After the announcement, the...
Australian Dollar Stable After China CPI Data: Analysis and Insights
The Australian Dollar faced a decline on Wednesday, as the US Dollar gained strength following Federal Reserve (Fed) Chairman Jerome Powell’s testimony before the...
Stock Market Update: Dow Jones Drops 30 Points on Slow Monday Trading
The Dow Jones Industrial Average (DJIA) experienced a volatile day on Monday, starting with early highs before dropping back down, ultimately closing the day...
Mexican Peso Surges to 3-Day High, Ends Week with 1% Gain
The Mexican Peso experienced a surge to an eight-day high of 17.99 against the US Dollar before losing momentum and fluctuating within the 17.99...
Upcoming US Economic Events: CPI, Powell Testimony, and Earnings | Forexlive
The upcoming week is filled with various economic events that could impact the global markets. Here is a breakdown of the key events to...
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...
EUR/USD Surges to Friday Highs on Rate Cut Hopes
The EUR/USD currency pair experienced significant movement last week, reaching highs of 1.3840 as investors reacted to the US Nonfarm Payrolls (NFP) report. Despite...
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...
NASDAQ Sets Record Highs Every Day This Week | Forexlive
The stock market saw another successful week with the NASDAQ hitting record highs every day. The Dow Industrial Average, S&P index, and NASDAQ index...