Tag: Forexlive

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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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Timing the First RBNZ Interest Rate Cut: ANZ Insights on Next Week’s CPI

The Reserve Bank of New Zealand decided to keep its cash rate on hold at 5.5%, as most people expected. After the announcement, the...
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Atlanta Fed GDPNow Forecast for Q2 2021 Upgraded to 2.0% Growth | Forexlive

The Atlanta Fed recently upgraded its GDP growth forecast for the second quarter of 2021 to 2.0%, up from the previous estimate of 1.5%...
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Westpac Analysis: RBNZ Statement Today Less Hawkish Than May – Forexlive

Westpac recently responded to the Reserve Bank of New Zealand (RBNZ) statement, noting that it came as a surprise to the markets due to...
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Goldman Sachs Predicts Soft Landing for US Economy, Expects Fed Rate Cut in September

Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve...
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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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Japanese Stocks Surge to Record High Following Wall Street Rally

Japanese stocks surged to a record high following a rally on Wall Street. The Nikkei 225 daily index, although the Topix may be more...
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Upcoming US Economic Events: CPI, Powell Testimony, and Earnings | Forexlive

The upcoming week is filled with various economic events that could impact the global markets. Here is a breakdown of the key events to...
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US Senator Warren Leads Democratic Senators in Urging Biden to Withdraw | Forexlive

US Senator Elizabeth Warren, along with other Democratic senators, has taken a stand by urging President Biden to withdraw his support for the nomination...
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US Non-Farm Payrolls Report Sends USD Lower: Forex Market Wrap (80 characters)

The US jobs report showed that Non-Farm Payrolls increased by 206K, surpassing the 190K estimate. However, the report's details were not as positive as...

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Matt Gaetz Withdraws Nomination for Trump’s Attorney General

US Representative Matt Gaetz has decided to withdraw his nomination as President-elect Donald Trump's choice for U.S. attorney general. This decision comes after facing...