Tag: foreign exchange
Impact of Labour Victory on Sterling: Insights from Crédit Agricole
The GBP has been trading at a 'political premium' in anticipation of the upcoming elections, as there is a belief that political stability will...
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...
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...
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...
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...
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...
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...
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...
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...
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...