Tag: Forex market update

news-16112024-042400

US Retail Sales in Focus as Yen Rebounds: Forexlive Americas FX News Wrap

The focus was on US retail sales for October, which came in lower than expected at -0.1% compared to the expected +0.3%. Despite the...
news-10112024-154027

Dollar Risk of Extended Correction: Election Volatility Fade Implications

Last week, the global financial markets experienced significant volatility due to the US presidential election. Surprisingly, Donald Trump emerged as the winner, leading to...
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Worst Non-Farm Payrolls Reading Since 2020: Forexlive Americas FX News Wrap

The latest economic data in the US has caused some turbulence in the markets. The US October non-farm payrolls came in at +12K, falling...
news-29102024-103202

GBPUSD Trading Range Forecast: 1.2900 – 1.3000 Key Levels – Action Forex

GBPUSD recently lost momentum as it approached the uptrend line, signaling a potential shift in the market. Although the pair broke the long-term ascending...
news-23102024-032330

Eco Data Analysis: Key Insights for Forex Traders 10/23/24

The latest Eco Data Analysis provides key insights for Forex traders to consider. Here is a breakdown of the recent economic events:1. CAD BoC...
news-18102024-025209

USD/JPY Unaffected by Japan’s September Inflation Data – Forexlive

The USD/JPY exchange rate was not affected by Japan's September inflation data, according to a report by Forexlive. Foreign exchange trading is risky and...
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...
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...
news-18092024-113757

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...
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US Dollar Strengthens Before Nvidia Earnings: Forexlive Americas FX News Wrap

US Dollar Strengthens Ahead of Nvidia EarningsThe US dollar showed strength in the forex markets as investors awaited the highly anticipated Nvidia earnings report....

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