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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...
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...
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...
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...
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...
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...
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...
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...
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...
UK Labour Market Report: Session Ahead Analysis | Forexlive
The dollar is starting the day strong, continuing its gains from October. While tensions in the Middle East are calming down, oil prices are adjusting accordingly. On Wall Street, the S&P 500 hit another...