Tag: Forex market update
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
BREAKING NEWS
HSBC: Top FX Bank in APAC for FX Markets
In the world of FX trading in Asia-Pacific (Apac), things are really heating up with volumes skyrocketing due to increased volatility. HSBC, a major...
