Forex News

Australian Dollar Falls Amidst Weak Chinese Economic Data and Housing Market Measures

Disappointing Chinese Retail Sales Impact AUD Performance The Australian Dollar emerged as the weakest-performing currency among the G10 group, primarily…

6 months ago

Economists: Jump in Part-Time Jobs Unlikely to Halt Bank of Canada’s Rate Cut Plans

Economists suggest that despite a surge in part-time employment, the Bank of Canada remains inclined towards implementing interest rate cuts…

7 months ago

Soft US Jobs Report Signals Potential Fed Rate Cut

The latest US jobs report has had a significant impact on dollar exchange rates, with indications of softening prompting speculation…

7 months ago

Euro Resilience Amidst Upbeat Sentiment and Hawkish ECB Remarks

The Euro remains resilient, defending the 1.07 marker against the Dollar ahead of the weekend, despite a rally attempted by…

7 months ago

Sterling Slips as Bank of England Signals Potential Rate Cut

The Pound Sterling experienced a decline following remarks from Dave Ramsden, a member of the Bank of England Monetary Policy…

7 months ago

EUR/USD Trends Bearish Amidst Diverging Rate Paths

In a recent analysis, Fawad Razaqzada, Market Analyst at City Index, notes a growing bearish trend in the EUR/USD currency…

8 months ago

US Labor Market Report Influences Dollar Surge

The US Dollar experienced a significant recovery following the release of robust US labor market data, leading to a postponement…

8 months ago

Dollar Strengthens Amidst Fed’s Hawkish Tone

The Dollar has shown resilience following remarks from a prominent member of the U.S. Federal Reserve, signaling a departure from…

8 months ago

UK Retail Sector Shows Signs of Recovery Amidst Economic Rebound

UK retail sales remained stagnant in February, a figure that exceeded expectations and signals a continued trend of improvement, indicating…

8 months ago

Euro-Dollar Forecast Downgraded Amid Shifting Economic Conditions

Analysts at SEB, the Scandinavian lender and investment bank, have revised their forecasts for the Euro-Dollar exchange rate, suggesting a…

9 months ago