Tag: Inflation
RBNZ Rate Decision: Focus on Kiwi – Action Forex
The New Zealand dollar, also known as the Kiwi, has been struggling in the currency exchange market this year. Despite a slight increase against...
Swiss National Bank’s Jordan on Inflation: Analysis and Insights
The Swiss National Bank's Chairman, Thomas Jordan, recently discussed the issue of inflation in the economy. He emphasized the importance of understanding the risks...
Gold Price Consolidates Ahead of US NFP Data – Market Update
Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair...
Federal Reserve Aims to Achieve 2% Inflation Goal Before Cutting Rates
Federal Reserve officials discussed the progress of inflation during their June meeting and concluded that while it is moving in the right direction, more...
US Dollar Weakens on Soft ADP and FOMC Minutes
The US Dollar faced significant selling pressure after disappointing ADP figures from June, causing markets to increase their bets on a Fed rate cut...
Gold Prices Drop Following Dovish Remarks by Powell
Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting...
Fed’s Progress on Inflation and Need for Confidence Before Cutting Rates
Federal Reserve Chair Jerome Powell recently addressed the progress made on inflation and the cautious approach needed before considering cutting interest rates. During a...
Eurozone Inflation Deceleration Stalled: Analysis and Forecast
Eurozone inflation has been holding steady, with the CPI standing at 2.5% year on year, remaining within the range of 2.4% to 2.6% for...
Eurozone Inflation Forecast: Slowing Down – ING
The Euro (EUR) experienced a relief rally after the French election results met expectations. However, the rally lost momentum on Monday as doubts emerged...
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...
Breaking Financial News
X’s New Terms of Service Causing Users to Leave Elon Musk’s...
Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...
