Tag: Forex market

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Awaiting Powell Speech: Forex Market Update in Asia-Pacific | ForexLive

Federal Reserve Chair Powell is set to deliver a speech today at the ECB forum. This has caused speculation and anticipation in the forex...
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Top Eco Data Analysis for 7/1/24 – Actionable Insights | Forex News

The eco data analysis for July 1st, 2024, provides insights into various economic indicators across different countries. Let's take a closer look at some...
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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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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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USD/CHF Weekly Forecast: Latest Analysis and Predictions

The USD/CHF pair took a dive to 0.8825 last week before making a strong recovery. Currently, the initial bias is neutral for consolidations above...
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NZD/USD Price Analysis: Bearish Outlook as Bulls Face Resistance

The New Zealand Dollar (NZD) versus the US Dollar (USD) pair experienced a three-day losing streak, closing the week on a negative note with...
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USD/JPY Weekly Forecast and Analysis – Action Forex

The USD/JPY pair saw a significant increase last week, rising from 151.68 to 159.81, showing no clear signs of a peak yet. The initial...
news-21062024-201955

USD Strengthens following Recent European Central Bank Activities – ING

The Dollar gained strength due to recent activities by the European Central Bank, according to FX Strategist Francesco Pesole from ING. This was influenced...
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USD/NOK Rises as Norges Bank Maintains Hawkish Stance

The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...
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Eurozone PMI Data Causes EUR/USD Drop Below 1.0700

EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...

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