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US Dollar faces downwards pressure on soft Retail Sales

US Dollar lost ground on lower-than-anticipated Retail Sales figures, which fuel dovish bets on the Fed. Markets are digesting comments from Fed officials for placing...

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Forecasting the Coming Week: Fedspeak and FOMC Minutes should rule the sentiment

The Greenback lost further ground and dropped to multi-week lows on the back of rising expectations of interest rate cuts by the Fed, a...

GBP/USD Price Analysis: Dollar Rebounds After CPI-led Plummet

Data showed that US import prices jumped 0.9% last month. Fed policymakers have maintained a cautious stance since the inflation report. Data revealed a smaller-than-expected drop...

For reference: Here is the March 20 FOMC statement | Forexlive

The FOMC statement from March 20, 2024:Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained strong,...

Australian Dollar rises to a major level amid mixed labor data, tepid US Dollar

Australian Dollar appreciates as the ASX 200 Index continues to gain ground on Thursday. Australia’s Employment Change came in at -6.6K and the Unemployment Rate...

Japanese yen jumpy ahead of US payrolls – MarketPulse

The Japanese yen showed a bit of strength...

Canadian dollar edges lower ahead of Cdn., US job reports – MarketPulse

The Canadian dollar is slightly lower on Friday....

USD/JPY Price Looking for Bullish Continuation, Eyes on US NFP

The bias is bullish, so further growth is possible. The US data should be decisive tomorrow. Only taking out the 151.00 psychological level activates a correction. The...

S&P 500’s weekly advance powers it past 5,000 points in a historic first (NYSEARCA:SPY)

The S&P 500 (SP500) on Friday advanced 1.37% for the week to end at 5,026.61 points, posting gains in four out of five sessions....

EUR/USD Price Pauses Downside Amid Oversold Conditions

A new lower low in EUR/USD price could activate more declines. False breakdowns could signal a new leg higher. 07 psychological level stands as a potential...

Atlanta Fed Pres. Bostic: Wage growth is settling back into more normal patterns | Forexlive

Fed officials are out of the quiet period after last week's rate decision. Fed's Goolsbee is not shy to weigh is ASAP (he...

Forexlive Americas FX news wrap 2 Feb: Super-duper jobs report sends yields and stocks up | Forexlive

The week ended with a bang as the US jobs data came much stronger than expectations. Non-farm payroll rose by 353K much higher than...

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