Tag: Forex market updates

The recent market analysis showed that the EUR/GBP spiked following the UK inflation numbers. However, despite the GBP weakness, the euro is not strong enough to capitalize on this situation. The UK yields dropped...

The EURGBP pair, also known as the “Chunnel” by traders, is a popular currency pair that reflects the economic relationship between the Eurozone and the United Kingdom. The euro is influenced by economic data...

Last week, GBP/USD showed a decrease in downward momentum, despite a drop from the short-term high of 1.3433. This week, the initial bias remains neutral. The currency pair is expected to find strong support...

Friday saw a boost in the markets after the Canadian September employment change exceeded expectations with an increase of 46.7K jobs. This positive news helped push the S&P 500 up by 0.7% to touch...

The US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate cuts. This week, the greenback continued to rise as the...

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,...

The US dollar made a strong comeback this week due to positive economic data and safe haven flows after tensions in the Middle East. Fed Chair Powell's comments about sticking with quarter-point rate cuts...

Forexlive Americas FX News Wrap September 20: USD Ends the Week Mostly UpThe end of the week saw a mixed performance for the major indices as investors digested a range of news and data....

China Data and Housing Prices StabilityThe weekend brings anticipation for China's economic data release, particularly focusing on whether housing prices will show signs of stabilization. This key indicator can provide insights into the overall...

EURUSD Drops Below 1.11 After German CPI DataThe EURUSD currency pair experienced a sharp drop below the 1.11 level following the release of German Consumer Price Index (CPI) data. This move in the forex...