Tag: Forexlive
Australian Inflation: Melbourne Institute CPI September 2024 Up 0.1% | Forexlive
Australian inflation, as measured by the Melbourne Institute's Consumer Price Index (CPI), saw a slight increase of 0.1% in September 2024. This uptick may have implications for the broader economy and consumers in Australia.It's...
Weekly Forex Market Analysis (07-11 October) | Forexlive
Upcoming Events:This week, there are several key economic events and data releases that will impact the forex market. On Monday, Eurozone Retail Sales data will be released, while China will be on holiday. Tuesday...
Crude Oil Price Forecast 2021: Trends and Analysis
Hello everyone, I'm here to talk about the recent surge in crude oil prices and what it means for traders and investors. Crude oil prices have seen a significant uptrend, rising by about 14%...
Saudi Arabia Raises Oil Prices for Asian Buyers, Exceeding Expectations | Forexlive
Saudi Arabia surprised the market by increasing oil prices for Asian buyers more than expected. According to a report by Bloomberg, Saudi Aramco raised the official selling price of its key Arab Light crude...
US Stock Market Gains Boosted by Strong Jobs Data | Forexlive
US stocks saw a boost despite rising yields thanks to strong jobs data and a tentative agreement reached by striking dockworkers. Here's a breakdown of the closing levels:- The Dow industrial average increased by...
Fed Meeting Analysis: WSJ’s Timiraos on September Payroll Impact – Forexlive
Foreign exchange trading can be risky, especially with leverage. Before trading, make sure you understand the risks and only invest money you can afford to lose. Seek advice from a financial advisor if needed.FOREXLIVE™...
US Jobs Report Drives USD, Yields, and Stock Prices Higher
The US jobs report for September exceeded expectations, with non-farm payrolls increasing by 254K compared to the anticipated 140K. The unemployment rate fell slightly to 4.1%, almost reaching 4.0%, and the participation rate remained...
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...
European FX News Wrap: Mixed but Positive UK Jobs Data (Forexlive)
European FX Market Overview
The European Forex market has seen a mixed but overall positive trend in recent developments. With various economic indicators and events impacting currency movements, traders are closely monitoring the situation for...
Understanding the Spanish Current Account Balance and its Impact on the Economy
The Spanish Current Account Balance and Its Impact on the EconomyThe Spanish current account balance is a crucial indicator of the country's economic health and its impact on the overall economy. It reflects the...