Tag: Trading
Gold Price Drops $40 After Short-Lived Rally
Gold prices took a hit today, dropping by $40 after a brief rally that had investors hopeful. The drop has reignited concerns about the...
Gold Price Drops Following Release of Strong US PMI Data
Gold prices took a hit after the release of strong US PMI data, which showed that both manufacturing and services activity remained robust in...
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,...
USD/JPY Forex Analysis: Heading Towards Danger Zone
USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
GBP/USD Price Drops After BoE Keeps Rates Steady
The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...
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...
Gold Price Approaches Key Resistance Level, Reaches One-Week High
Gold Price Reaches One-Week High Amid Fed Rate Cut BetsThe gold price has been on the rise, reaching over a one-week high of around...
Gold Price Increases as Traders Expect Fed Rate Cuts
Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data...
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...