Forex News

GBPUSD Eyes Recovery Amidst Cooling U.S. Inflation

Dollar Softens as Core PCE Index Falls Below Expectations Sub-title 2: Market Dynamics Shift Amidst Fed's September Policy Decision The…

7 months ago

Australian Dollar Gains Strength as Analysts Predict Sustained High-Interest Rates

The Australian Dollar, along with its high-risk counterparts, the New Zealand Dollar and Norwegian Krone, experienced significant gains in anticipation…

7 months ago

Japanese Yen Declines Amid Economic Challenges and Policy Decisions

The Japanese yen has continued its downward trajectory, marked by a series of losses that have persisted since around midnight…

7 months ago

British Pound Declines as UK Economy Faces Significant Slowdown

Economic Indicator Signals Worrying Contraction The British Pound has witnessed a continuous decline over several weeks as survey data indicates…

7 months ago

CIBC Bank Recommends Selling Canadian Dollar Due to Weak Market Positioning

In a recent market analysis, strategists at CIBC Bank have advised selling the Canadian Dollar (CAD), citing unfavorable market positioning…

7 months ago

Australian Dollar Surges on Positive Chinese Economic Data and Strong Domestic Jobs Report

The Australian Dollar (AUD) has continued its winning streak, bolstered by a combination of upbeat Chinese economic data and impressive…

8 months ago

HSBC Analysis Signals Shift in Currency Markets, Predicts Euro and Pound Weakness

Amid evolving global economic dynamics, HSBC has released a noteworthy analysis indicating that the British Pound and Euro may have…

8 months ago

U.S. Labor Market Signals Slowdown Amidst Dollar Weakness

Recent labor market data has revealed that the U.S. economy continues to exhibit robust job growth, although signs of a…

8 months ago

Canadian Dollar Weaker Following Disappointing Economic Growth Figures

The Canadian Dollar faced a setback against major currencies following the release of unexpectedly weak economic growth data for June…

8 months ago

Pound Struggles as Risk Sentiment Falters Amidst Rising US Yields

The Pound faced challenges below a crucial technical support level against the Dollar and encountered difficulties against the Euro on…

8 months ago