Tag: Forexlive
EURUSD Technical Analysis: Market Needs More for USD Gains | Forexlive
Yesterday, the US Dollar received a boost from a higher than expected US CPI report, but quickly lost those gains. This was due to the US Jobless Claims figures also being released, showing a...
Asia-Pacific FX News Wrap: Major Forex Trades Mostly Sideways | ForexLive
Asia-Pacific FX trading was relatively quiet today, with major forex trades mostly moving sideways. The day saw a mix of news and events, including Israel's army reporting the killing of a top commander of...
NZDUSD Technical Analysis: Greenback Support Ahead of US CPI
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...
Japan Coalition Partner Urges Continuation of Utility and Fuel Subsidies
Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially with leverage, which can increase the potential for losses. Before diving...
Federal Reserve’s Collins Expresses Strong Backing for Additional Rate Cuts
The Federal Reserve's Collins recently voiced strong support for further rate cuts to stimulate the economy. This move is aimed at boosting economic growth and potentially lowering borrowing costs for consumers and businesses. However,...
European Equity Market Update: DAX Leads Strong Bounce | Forexlive
Foreign exchange trading is known to carry a high level of risk, and it may not be suitable for all investors. It is important to be aware that leverage can add to this risk...
Morgan Stanley Raises Brent Price Forecast to $80 for Q4 2024
Morgan Stanley, a renowned financial institution, has recently raised its Brent price forecast to $80 for the fourth quarter of 2024. This upward revision indicates a positive outlook on the future of Brent oil...
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...
US Stock Market Update: Stocks Hit Daily Lows | Forexlive
The stock market in the US is currently experiencing a downward trend, with major indices hitting daily lows. The Dow industrial average is leading the decline with a decrease of -1%. This decline is...
Europe Market Open: APAC Stocks Rise Amid Geopolitical Focus | Forexlive
APAC stocks had a strong start to the week after a positive performance on Wall Street last Friday, thanks to a stellar jobs report. European equity futures are also pointing towards a positive opening,...