Tag: Forex news
ISM Services Index Surges in Forex Market Update
The US dollar strengthened as the ISM services report showed a significant increase, reaching its highest level since February 2023. However, there was a slight concern as the employment indicator dropped below 50, just...
USD/JPY Rebounds on Strong US Retail Sales: Forexlive Americas FX News Wrap
Strong US Retail Sales Boost USD/JPY ReboundThe USD/JPY pair experienced a notable rebound following the release of strong US retail sales data in August. The control group showed a 0.3% increase, in line with...
Ugly Day for Risk Assets in Americas FX News Wrap | Forexlive
Ugly Day for Risk Assets in Americas FX News Wrap | ForexliveThe Americas FX market experienced a tumultuous day as various economic indicators and market movements sent shockwaves through the financial world. Here is...
US Dollar Strengthens Despite Cooler PCE Report: Forex News Wrap
US Dollar Strengthens Despite Cooler PCE Report: Forex News WrapThe US dollar continued to show strength in the forex market, despite a slightly cooler than expected Personal Consumption Expenditures (PCE) report for July. The...
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. This surge in the dollar was influenced by a variety...
USD Weakens as Powell Pledges Support for Jobs | Forexlive
USD Weakens as Powell Pledges Support for JobsFederal Reserve Chair Jerome Powell's speech at the Jackson Hole Symposium sent shockwaves through the markets as he made it clear that the time has come for...
Forexlive Americas FX News Wrap: August 9 Weekly Review & Market Analysis
This week in the financial markets has been a rollercoaster ride, with US stock indices fighting to end on a positive note. Crude oil futures settled at $76.84, and there were key events and...
EUR/USD Daily Forecast: Latest Analysis and Updates
The EUR/USD pair has been showing an upward trend, with the intraday bias still tilted towards the upside as long as the minor support at 1.0932 holds. This current uptrend is seen as a...