Tag: foreign exchange

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Managing Japan’s FX Movements: Hayashi Promises Appropriate Actions

Japan's Chief Cabinet Secretary Hayashi recently stated that appropriate actions will be taken to address excessive foreign exchange movements, aligning with Finance Minister Shunich...
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Weekly USD Analysis: US Dollar Index and Euro to Dollar Forecast – Action Forex

This week, the focus will be on speeches by Fed officials, with five out of eight scheduled appearances featuring hawkish members. This could push...
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Canadian Dollar Rises to High End in Quiet Monday Trading

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...
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EUR/USD Rebounds Strongly on Improved Market Sentiment

The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This...
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USD/CAD Gains Near 1.3700 as Fed Delays Rate Cut Timing

The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted...
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Forexlive Weekly Market Outlook: 24-28 June

The upcoming events for the week include various economic indicators from different countries. On Monday, we have the Bank of Japan releasing the Summary...
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Forexlive Americas FX News Wrap: USD Rises on Strong Flash S&P Data | 21...

The week ended on a soft note for US equities, with key events and releases to watch in the upcoming week. Gold saw a...
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UK Election Turmoil and Mixed Data Weigh on Pound Sterling

The recent data coming out of the United Kingdom has painted a mixed picture of the economy, leading to some turmoil for the Pound...
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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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Swiss National Bank Chairman Jordan Discusses Two-Way FX Intervention | Forexlive

The Chairman of the Swiss National Bank, Thomas Jordan, recently discussed the impact of the appreciation of the Swiss franc on monetary conditions. He...

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XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...