Tag: Forex

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US Inflation Data Awaited in ForexLive Asia-Pacific FX News Wrap

Today in the world of finance, there are a few key updates to keep an eye on. Firstly, it has been announced that US...
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AUDUSD Traders Testing Close Support, More Work Needed for Breakout

AUDUSD traders are currently testing close support levels between 0.67278 and 0.6738. Despite some fluctuations, the price has managed to stay above the lower...
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Crude Oil Technical Analysis: Impact of Weak US NFP Report on Sentiment | Forexlive

Crude oil has been performing well in the market since hitting a low point in early June. Factors like OPEC's extension of output cuts,...
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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...
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AUDUSD Price Action: Target Level Hit, Sellers Step In – Forex Analysis

The AUDUSD has been fluctuating throughout the day following an upward trend from last week. Today's upward movement reached a new high dating back...
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Gold Price Analysis: NFP Report Boosts Bullish Sentiment | Forexlive

Last Friday, the price of gold went up after the US NFP report was released. The report showed that the labor market was slowing...
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EUR/USD Recovery Continues: Bullish Momentum Intact

The EUR/USD pair continues its recovery, showing bullish momentum as it surpasses the 1.0800 resistance level. A bullish trend line is forming with support...
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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...
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GBP/USD Extends Winning Streak After NFP Report

GBP/USD saw a rise above 1.2800 after the release of US NFP figures on Friday. The positive data sparked a risk rally in the...
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EUR/USD Surges to Friday Highs on Rate Cut Hopes

The EUR/USD currency pair experienced significant movement last week, reaching highs of 1.3840 as investors reacted to the US Nonfarm Payrolls (NFP) report. Despite...

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What to Expect from the Federal Reserve’s Interest Rate Decision on...

Federal Reserve to Announce Interest Rate Decision Federal Reserve Chair Jerome Powell is set to announce the central bank's interest rate decision on Wednesday, following...

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