Tag: Forex
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...
USD/INR Exchange Rate Rises Despite Weak US Retail Sales
The Indian Rupee (INR) saw a decline on Wednesday, despite the weaker US Dollar (USD) in the market. Investors are closely watching the ongoing...
Euro Stable as Market Anxiety Eases – Action Forex
The euro remained stable on Monday, with EUR/USD trading at 1.0714, up 0.10% on the day. The recent market anxiety triggered by the upcoming...
NZDUSD Technical Analysis: Price Approaching Key Support Level
The USD lost ground last week due to a soft US CPI report, leading to market expectations of two rate cuts by the end...
EUR/USD Weakness: UBS Outlook on Downside Levels and Triggers
Last week, the EUR/USD experienced a drop due to political news from France, causing it to open the new week with a gap down....
Breaking Financial News
Stabilizing the Bond Market: Ray Dalio Emphasizes the Importance of Cutting...
Ray Dalio, the Founder & CIO Mentor of Bridgewater Associates, made a compelling case for stabilizing the bond market by emphasizing the importance of...
