Tag: Forex

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Australian Dollar Strengthens as RBA Hawkishness Outweighs Weak US PCE Data

The Australian Dollar (AUD) saw a rise against the US Dollar following a decrease in US inflation in May. This unexpected reduction in inflation...
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GBPJPY Hits 16-Year High – Forex Analysis and Updates

GBPJPY has been on a winning streak, marking a new 16-year high at 203.57 after ten consecutive days of gains. While this positive momentum...
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EBC Financial Group: Award-Winning Trusted FX & Best CFD Broker

EBC Financial Group (EBC) is thrilled to share the exciting news that they have been recognized with two prestigious awards at the World Finance...
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USD/CAD Surges Above 1.3700 Before Core PCE Inflation Release

The USD/CAD pair has been on an upward trend for the fourth day in a row, reaching around 1.3710 during the European trading session...
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US Dollar Fluctuates on Data: Forexlive Americas FX News Wrap

The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1%...
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EURUSD Price Analysis: Currency Pair Rebounds from 8-Week Low – Action Forex

EURUSD saw a slight rebound from an 8-week low as it traded within a range of 1.0665-1.0720. The moving averages showed a bearish crossover,...
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USDCHF Technical Analysis: Approaching Key Resistance Level

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...
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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...
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Revocation of Interim Stop Orders by Trademax Australia Limited | Forexlive

Trademax Australia Limited, operating under the TMGM brand, a well-known provider of contracts for difference (CFDs) and margin forex trading services, has recently made...
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USD/CNH Forecast: Potential Break Above 7.3000 to Reach 7.3100 – UOB Group

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...

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Restaurant Industry Looks Forward to 2025 Amidst Slow Traffic and Bankruptcies

After a challenging year for the restaurant industry, executives are eagerly anticipating the arrival of 2025. Despite a significant increase in restaurant bankruptcies and...