Tag: Forex News Updates
Forexlive Americas FX News Wrap: Major Currency Pairs Following Technicals – 8 Oct
Oil inventory data revealed a larger-than-expected build in headline crude oil. The Federal Reserve's Collins stated that labor markets are in a positive state overall. Major indices closed higher, and it was mentioned that...
NZDUSD Trades Towards Yesterday’s Low: Sellers in Action
The NZDUSD currency pair is currently on a downward trend, reaching new lows for the day and retesting the previous day's low around 0.6263. This level is below the 38.2% retracement of September's trading...
Weekly Forex Market Analysis (23-27 September)
Weekly Forex Market Analysis (23-27 September) As we look ahead to the upcoming week in the forex market, there are several key events and data releases that traders should keep an eye on. From flash...
Asia-Pacific Forex Market Update: USD/JPY Slightly Lower | ForexLive
The Asia-Pacific Forex market saw some interesting developments recently, with various key events impacting currency movements. Here is a detailed update on the latest news and trends in the region: ### Key Developments in the...
Fed Rate Cuts Begin: Forexlive Americas FX News Wrap 18 Sep
Fed Rate Cuts Begin: Forexlive Americas FX News Wrap 18 Sep The Federal Reserve Bank kicked off the easing cycle with a significant cut of 50 basis points, marking a shift in policy stance away...
Forexlive FX News Wrap: Stocks Close 5-Day Streak, FOMC Next Week
Stock Market Performance The stock market closed out the week on a high note, with both the NASDAQ and S&P indices posting gains for five consecutive days. This streak of positive performance comes after a...
EUR/USD Forecast: Weekly Analysis and Predictions for Forex Traders
The EUR/USD pair saw a retreat after initially rising to 1.1007 last week, leading to consolidations. The bias for the upcoming week remains neutral at first. Although a deeper retreat is possible, the downside...
GBP/USD Mid-Day Analysis and Forecast – Action Forex
The GBP/USD pair is still trading in a range and the intraday bias remains neutral at the moment. If the resistance at 1.2863 holds, there is a likelihood of further decline. A break below...
Weekly Forex Market Summary: December 23rd – December 27th
Weekly Forex Market Summary: December 23rd - December 27th The past week in the foreign exchange market was filled with notable events and announcements that impacted various currencies worldwide. Let's delve into a detailed breakdown...
Weekly Forex Market Summary: December 9th – December 13th
Weekly Forex Market Summary: December 9th - December 13th In the fast-paced world of forex trading, staying updated on market events is crucial for making informed decisions. Let's dive into the weekly summary of key...
