Tag: Forex
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...
Australian Dollar Weakens as PMI Data Disappoints
The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing...
EUR/USD Forecast: Lower Trading Expected Ahead of US Core PCE and French Election –...
The Euro is facing pressure this week due to dovish signals from major European central banks and concerns about fiscal and political developments in...
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...
USD/JPY Forex Analysis: Heading Towards Danger Zone
USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
GBP/USD Price Drops After BoE Keeps Rates Steady
The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...
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...
CHF Safe Haven Status Driving Bid Up – Action Forex
During the first quarter of 2024, the Swiss franc has tumbled against most of the G-10 currencies, especially against the US dollar where it...
Mexican Peso Faces Pressure Ahead of Retail Sales Data Release
The Mexican Peso experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair...
USD/CAD Price Analysis: Consolidation near 1.3700 Level
The USD/CAD pair is currently trading in a narrow range but is holding steady above the key support level of 1.3700 during the European...