Tag: Foreign exchange market
Eco Data Analysis and Forecasts for August 2, 2024
On August 2, 2024, various economic data and forecasts were released for different countries around the world. Let's take a closer look at the...
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...
Pound Sterling Weakens as Fed-BoE Policy Decisions Awaited
The Pound Sterling faced a decline in Wednesday's London session, hovering near 1.2825 against the US Dollar, as investors awaited the outcome of the...
GBP/JPY Holds Above 196.00, Recovering Losses – Key Focus on Currency Pair’s Performance
GBP/JPY managed to bounce back above the 196.00 level after the Bank of Japan (BoJ) announced its interest rate decision. The BoJ decided to...
EUR/USD Weekly Forecast: Analysis and Predictions for Traders
Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a...
GBP/USD Forecast: Weekly Analysis and Predictions
The GBP/USD pair saw a significant breakthrough last week, surpassing the 1.2859 resistance level and confirming a continuation of the rally that began at...
GBP/USD Price Analysis: Breaking 1.2900 Barrier Amid Weakening USD
The Pound Sterling saw a significant increase in value against the US Dollar as a result of positive data from the UK and disappointing...
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...
Deutsche Bank Analysis: Trump Presidency and China Tariffs Impact on EUR/USD Parity
Deutsche Bank's George Saravelos recently shared his insights on the potential impact of a Trump presidency and China tariffs on the EUR/USD parity. In...
Swiss National Bank Chair Jordan Prepared to Intervene in FX Market – Forexlive
Thomas Jordan, the Chairman of the Swiss National Bank (SNB), recently discussed the Swiss franc and the bank's potential intervention in the foreign exchange...
Breaking Financial News
AI Transforming Financial Services: The Future of Banking and Investments
FintechZoom.io continues to highlight how Artificial Intelligence (AI) is reshaping financial services, from banking automation to fraud prevention and investment strategies. As financial institutions...
