Tag: Forexlive

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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...
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US Equities End Week on Soft Note: Market Analysis | Forexlive

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to carefully consider your investment objectives,...
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UK Services PMI for June Falls Below Expectations – Forexlive

The UK Services PMI for June fell below expectations, with a reading of 52.9 compared to the prior 51.2. The Manufacturing PMI came in...
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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...
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UK Inflation Takes Center Stage Today: What Investors Need to Know

Today, the focus is on UK inflation as major currencies remain quiet. The US holiday will lead to a placeholder trading day, creating a...
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Q1 New Zealand Current Account Deficit Narrows to -4.359bn NZD

The recent data release showing New Zealand's current account deficit narrowing to -4.359 billion NZD has had minimal impact on the NZD/USD trading pair,...
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RBA Keeps Cash Rate Unchanged at 4.35% | Forexlive Analysis

The Reserve Bank of Australia (RBA) has decided to keep the cash rate unchanged at 4.35%. This decision comes as inflation has decreased significantly...
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Stock Market Update: Nasdaq Leads Gains in Latest Trading Session

The stock market in the US is seeing an overall increase today, with the NASDAQ index leading the way towards gains. If the NASDAQ...
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BOJ Expected to Reduce Bond Buying by ¥2 Trillion Monthly

The Bank of Japan (BOJ) is expected to reduce its monthly bond buying by ¥2 trillion. This decision could have significant implications for the...
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China Economic Data Release Calendar: Retail Sales & Industrial Output – June 17, 2024...

China's economic data release calendar for retail sales and industrial output is set for June 17, 2024. This data is crucial in understanding the...

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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...