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US Housing Starts Beat Expectations in August | Forexlive
US Housing Starts Surpass Expectations in AugustThe latest data on US housing starts for the month of August has surprised economists and analysts alike, as the numbers exceeded expectations. This positive development is a...
Eurozone CPI and Core CPI Finalized at 2.2% and 2.8% in August – Latest...
Eurozone CPI and Core CPI Finalized at 2.2% and 2.8% in August - Latest UpdateThe latest data on Eurozone Consumer Price Index (CPI) and Core CPI for August has been released, showing some interesting...
Impact of a Fed Rate Cut on Global Economy
The U.S. Federal Reserve is poised to make its first interest rate cut since the Covid-19 pandemic began, a move that is anticipated to have a significant impact on the global economy. While this...
GBP/USD Exchange Rate Rises to 1.3200 Following UK Inflation Data
The GBP/USD Exchange Rate Soars to 1.3200 After UK Inflation Data ReleaseThe GBP/USD exchange rate experienced a significant surge following the release of UK inflation data, reaching as high as 1.3205. Prior to the...
Fed Verdict Impact on Markets Today – Action Forex
Fed Verdict Impact on Markets TodayThe anticipation surrounding the Federal Reserve's policy decision today has been a focal point for investors, with the recent US retail sales data providing some insight into market positioning....
Harris Victory Predicted as Most Likely Election Outcome by CNBC Fed Survey
Experts Predict Harris Victory in Upcoming U.S. Presidential ElectionIn a recent CNBC Fed Survey, Vice President Kamala Harris has emerged as the frontrunner in the 2024 U.S. presidential election, surpassing former President Donald Trump...
Asia-Pacific FX News Wrap: FOMC Cut Awaited | ForexLive
Asia-Pacific FX News Update: Focus on FOMC Rate Cut and Economic IndicatorsAs the Asian-Pacific region anticipates the Federal Reserve's decision on interest rates, various factors are influencing market sentiment and economic outlooks. From conflicting...
Fed to Cut Interest Rates: Impact on Stocks, Bonds, and Dollar
The Federal Reserve's Federal Open Market Committee (FOMC) is gearing up for a highly anticipated decision on interest rates, creating a buzz in the financial markets. The big question on everyone's mind is whether...
Trump Media Stock Plunges 6% Ahead of Merger ‘Lockup’ Expiry
Shares of Trump Media experienced a significant drop of 6.6% on Tuesday, closing at $16.14 per share. This decline occurred just two days before the expiration of "lockup" restrictions that have prevented the company's...
PBOC Expected to Set USD/CNY Reference Rate at 7.0828 – Reuters Estimate
PBOC Sets USD/CNY Reference Rate at 7.0828 - Reuters EstimateThe People's Bank of China (PBOC) is expected to set the USD/CNY reference rate at 7.0828 according to a Reuters estimate. This daily midpoint of...