Tag: Forexlive
Harris Elected President: Republican in Cabinet Possibility | Forexlive
As the election draws near, political promises are being made left and right to win over voters. Democratic nominee Harris has pledged to include Republican representation in her cabinet, aiming for a more bipartisan...
China’s Stimulus Plan Revealed: Limited Details Shared in Saturday’s Press Conference | Forexlive
The State Council Information Office of China held a press conference on Saturday, led by Finance Minister Lan Fo'an. Many were expecting details about China's fiscal stimulus plans, but the conference left much to...
Canadian Jobs Report Boosts Markets, CAD Slides for Eighth Consecutive Day
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...
USDCAD Surges After Strong Jobs Report: Buyers Regain Control
The USDCAD has been moving upwards recently, starting from a low near 1.3472 on October 2. In the past eight trading days, the price has risen to a high of 1.37826. This surge brought...
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...
