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news-16102024-142850

US MBA Mortgage Applications Decrease by 17.0% for the Week Ending October 11th –...

US Mortgage Bankers Association (MBA) reported a 17.0% decrease in mortgage applications for the week ending October 11th. This significant drop indicates a potential slowdown in the housing market. It is essential for investors...
news-16102024-142819

GBP/USD Falls Below 1.30 on Weak Inflation Report

The British pound experienced some movement on Wednesday after a period of stagnation. During the European session, GBP/USD was trading at 1.2992, showing a decrease of 0.62% for the day. This drop caused the...
news-16102024-082535

Rengo Union Group Targets 5% Wage Hike in 2025

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to be aware of the risks involved, especially when using leverage, as it can increase the...
news-16102024-082503

BoJ’s Adachi Urges Conservative Approach on Rate Hikes

In a recent speech, BoJ Board Member Seiji Adachi discussed the current state of Japan's economy and the potential for beginning to ease its ultra-loose monetary policy. Adachi pointed out the positive indicators such...
news-16102024-022136

US Economy Performance and Inflation Outlook by Fed’s Bostic | Forexlive

The US economy's performance and inflation outlook were discussed by Fed's Bostic in a recent update. Bostic emphasized the importance of considering the risks associated with foreign exchange trading, highlighting the high level of...
news-16102024-022059

Bitcoin Price Prediction and Analysis for Forex Traders

The cryptocurrency market saw a 1% increase in the past 24 hours, reaching a total value of $2.28 trillion. Despite cooling off from local highs above $2.30 trillion, which were the highest in over...
news-15102024-200705

New Title: The Impact of Tariffs on Forex Trading | Forexlive

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. The use of leverage can further increase the level of risk and potential loss. It is important to carefully...
news-15102024-200636

Wall Street Indexes Poised for Gains as Earnings Impact S&P 500, Nasdaq 100

Wall Street indexes are showing positive momentum, thanks to strong bank earnings reports. The Dow Jones Industrial Index hit the 43000 mark for the first time, while the S&P 500 and Nasdaq 100 also...
news-15102024-140401

NZDUSD Technical Analysis: Bearish Momentum Stalls

The US Dollar's bullish momentum appears to be slowing down despite the recent higher-than-expected US CPI and PPI reports. The market has adjusted its expectations for aggressive rate cuts and is now in line...
news-15102024-140332

Canadian Dollar struggles as Can. CPI release looms

The Canadian dollar has been struggling against the US dollar for the past ten trading days, dropping by 2.1% in October. Currently, USD/CAD is trading at 1.3811, showing a 0.11% increase in Tuesday's session.The...