News with the tag "economic data"

The consumer price index (CPI) report due Wednesday will be the first under President Donald Trump's tenure, with signs of cooling likely to raise the chance of an interest-rate cut and lift the spirits of investors in risk assets, who have been hammered in recent weeks. The Bureau of Labor Statisti...

The South African Rand (ZAR) has been showing impressive strength recently, capturing the attention of forex traders and economists alike. Ahead of crucial South African economic data releases, the currency is demonstrating resilience. But what’s driving this upward momentum, and can it be sustained...

In the fast-paced world of global finance, the British Pound Sterling (GBP) has recently caught the attention of market participants. Like a coiled spring ready to unleash, Sterling is showing robust upward momentum, fueled by the market’s eager anticipation of upcoming UK economic data releases. Fo...

In the fast-paced world of cryptocurrency and Forex trading, staying ahead of market movements is crucial. Today, we delve into the subdued trading of the US Dollar Index (DXY) , a key indicator for Forex traders globally. Despite a touch of firmness fueled by hawkish remarks from Federal Reserve of...

Buckle up, crypto enthusiasts and Forex traders! The United Kingdom just dropped a bombshell – inflation is hotter than expected, and it’s sending ripples across the Forex markets. January’s UK CPI inflation data has surged to a startling 3% year-over-year, significantly surpassing the anticipated 2...

For cryptocurrency enthusiasts and investors, understanding macroeconomic indicators like the UK Unemployment Rate is crucial. These figures can significantly influence traditional markets, indirectly impacting crypto sentiment and investment flows. Today, we’re diving into the latest UK employment ...

Is gold back in the spotlight? While the US enjoyed a tranquil President’s Day holiday, the gold price quietly staged a comeback, hinting at underlying market currents that could soon ripple through the crypto world and beyond. Despite thin trading volumes due to the US holiday, gold demonstrated re...

In today’s fast-paced **Forex news**, the USD/CAD currency pair is exhibiting intriguing movements. After hitting a two-month low, the pair is showing signs of stabilization. Is this a temporary pause or the beginning of a trend reversal? For cryptocurrency enthusiasts tracking global market dynamic...

Cryptocurrency and Forex traders, are you watching the US Dollar? Buckle up, because recent economic news is sending shockwaves through the markets. The greenback is feeling the heat after unexpectedly weak retail sales figures were released, sparking fresh speculation about potential shifts in the ...

In a dramatic turn of events in the forex market, the New Zealand Dollar (NZD) has experienced a significant boost against the US Dollar (USD). The NZD/USD pair has surged to nearly 0.5750, fueled by a potent combination of factors that have shifted market sentiment towards a more optimistic outlook...