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news-09102024-001427

Forexlive Americas FX News Wrap: Major Currency Pairs Following Technicals – 8 Oct

Oil inventory data revealed a larger-than-expected build in headline crude oil. The Federal Reserve's Collins stated that labor markets are in a positive state overall. Major indices closed higher, and it was mentioned that...
news-09102024-001353

RBNZ Rate Decision: Impact on NZD/USD – Action Forex

The New Zealand dollar has been on a downward trend for the past six days, experiencing a 3.6% decrease in value during this time. However, on Tuesday, the NZD showed some signs of stabilization...
news-07102024-214129

US Stock Market Update: Stocks Hit Daily Lows | Forexlive

The stock market in the US is currently experiencing a downward trend, with major indices hitting daily lows. The Dow industrial average is leading the decline with a decrease of -1%. This decline is...
news-07102024-214059

Gold Price Rebounds as Buyers Return to Blue Box Area – Action Forex

Gold prices have seen a rebound as buyers returned to the blue box area, according to a technical blog analyzing the 1-hour Elliott Wave Charts of Gold. The recent rally from the low on...
news-07102024-154024

Milton Forecasted to Strengthen to Category 5 Hurricane | Forexlive

The most recent information from both NOAA and Air Force Hurricane Hunter aircraft suggests that Milton is rapidly getting stronger and has now been upgraded to a Category-3 hurricane. "The radar analysis indicates a...
news-07102024-153954

RBNZ Policy Meeting: Will Interest Rates be Cut by 25 or 50 bps?

The Reserve Bank of New Zealand is expected to announce a rate cut during their policy meeting on Wednesday. The decision to cut rates comes as inflation in New Zealand continues to slow down,...
news-07102024-093839

Europe Market Open: APAC Stocks Rise Amid Geopolitical Focus | Forexlive

APAC stocks had a strong start to the week after a positive performance on Wall Street last Friday, thanks to a stellar jobs report. European equity futures are also pointing towards a positive opening,...
news-07102024-093810

US Dollar Strengthens as Federal Reserve Hawks Gain Momentum

Surprise! The US economy added over 250,000 new nonfarm jobs last month, bringing the unemployment rate down to 4.1%. Wages also saw faster growth than expected, with workers earning 4% more on average compared...
news-07102024-033714

Australian Inflation: Melbourne Institute CPI September 2024 Up 0.1% | Forexlive

Australian inflation, as measured by the Melbourne Institute's Consumer Price Index (CPI), saw a slight increase of 0.1% in September 2024. This uptick may have implications for the broader economy and consumers in Australia.It's...
news-07102024-033645

Eco Data Update: October 7, 2024 – Actionable Insights for Forex Traders

Here is the latest Eco Data Update for October 7, 2024, providing actionable insights for Forex traders. Let's take a look at the key events and data releases for today:- 00:00 GMT: In Australia,...