Tag: Financial news

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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...

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X’s New Terms of Service Causing Users to Leave Elon Musk’s...

Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...