Economic
Get the latest economic news and updates impacting the forex market. Our News Economic page offers analysis on global economic data, central bank policies, and geopolitical events that influence currency trading and exchange rates
January Jobs Report Preview: Strong Indicators, But Revisions Loom
Consensus estimate +170K Estimate range +60K to +250K December was +256K Private consensus +141K versus...
Gold Prices Surge to Record High Amid US-China Trade Tensions and Fed Rate Cut Expectations
February 5, 2025 – Gold prices continue their upward momentum, reaching an all-time high of...
US Dollar on Track for Weekly Decline Amid Tariff Uncertainty and Global Market Shifts
Washington, D.C. – The US Dollar is set to close the week with a decline...
Bitcoin Price Drops Below $92,000 Amid Exchange Overheating and Macroeconomic Uncertainty
Bitcoin price today: $91,800 Bitcoin’s price dipped below the $92,000 mark on Monday, continuing its...
The Fed Holds Rates, Dollar Index Continue Soars
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against...
EUR/USD Nears 1.0400 as Markets Eye Eurozone Inflation Data and US Economic Indicators
The EUR/USD currency pair climbed close to the 1.0400 mark on Tuesday amid a weakening...
Pound Sterling Struggles Near 1.2400 as Fed Signals Fewer Rate Cuts
The British Pound (GBP) continues to face pressure against the US Dollar (USD), trading near...
Gold Rebounds Above $2,600 After Recent Losses
Gold prices bounced back early Tuesday after finding support near the $2,600 mark, following two...
EUR/USD Stagnates Above 1.0400 as 2024 Draws to a Close Amid Low Market Liquidity
In a subdued trading session on Monday, EUR/USD remains range-bound above the 1.0400 mark, reflecting...
US Jobless Claims Decline, but Rising Insured Unemployment Signals Labor Market Challenges
Key Points: US jobless claims fall by 1,000 to 219K, signaling near-term labor market resilience....
Bitcoin Poised to Break $100,000: Analysts Predict Bullish Momentum
In the latest Bitcoin market forecast, experts anticipate the cryptocurrency to surpass the $100,000 milestone...
AUD/USD Hovers Near Multi-Year Lows Amid Dovish RBA Minutes and Broader Economic Concerns
The Australian dollar (AUD) struggled to recover early Tuesday, trading below 0.6250 against the US...
Unstable spread of GOLD on Forex Broker!
As of December 11, 2024, gold prices are experiencing notable movements influenced by various global...
US Dollar begins the week on a weaker note as traders anticipate a significant Fed interest rate cut.
The US Dollar (USD) began the week trading significantly weaker ahead of Monday’s US market...
UK Unemployment Rate Eases to 4.1% in July, Surpassing Market Expectations
The United Kingdom’s ILO Unemployment Rate eased to 4.1% in the three months leading up...
Australian Dollar Recovers Some Losses Amid Mixed Economic Data
The Australian Dollar (AUD) trimmed its earlier losses against the US Dollar (USD) on Wednesday...
Australian CPI Surges in July, Fuelling Speculation of Further Rate Hikes
The Australian Bureau of Statistics (ABS) reported on Wednesday that Australia’s monthly Consumer Price Index...
Currency Markets Show Minimal Movement Following Fed Symposium
In the aftermath of the weekend and the Federal Reserve symposium in Jackson Hole, the...
Gold Prices Hold Steady Amid Global Market Optimism and Fed Speculation
Gold prices (XAU/USD) continued their sideways movement on Tuesday, maintaining a narrow range around the...
Bank of England’s Mann Warns of Potential Inflation Rise Amid Upcoming Economic Data Releases
Bank of England (BoE) Monetary Policy Committee member Catherine Mann, who was among the four...
U.S. Unemployment Claims Rise by 233K in First Week of August, Lower Than Expected
In the week ending August 3, the number of U.S. citizens applying for unemployment insurance...
Bitcoin Rebounds Above $55,000 Amid Market Volatility
Bitcoin (BTC) price rebounded to over $55,000 on Tuesday after experiencing a sharp decline since...
Bitcoin Wallets Holding at Least One BTC Surpass 1 Million; Ethereum and Polygon Lead Institutional Investments
June 30 – Data from Glassnode reveals that Bitcoin (BTC) wallet addresses holding at least...
US Dollar Rises Ahead of Key Inflation Data
The US Dollar (USD) saw renewed buying interest on Friday, rebounding from the previous day’s...
Silver Price Outlook: XAG/USD Slips Towards $28.50 Amidst Bearish Sentiment
The price of silver (XAG/USD) continues its downward trajectory for the third consecutive session, trading...
Nvidia’s Decline Drags Nasdaq Down as Dow Surges Amid Sector Shifts
In a mixed start to the final week of a stellar quarter on Wall Street,...
Gold Prices Up Slightly, But Gains Limited Due to Conflicting Signals
Gold prices (XAU/USD) found some support near the $2,317 region during the Asian session on...
Swiss National Bank Reduces Benchmark Rate to 1.25%
Zurich, June 20, 2024 — The Swiss National Bank (SNB) has decided to cut the...
Crypto Markets Poised for Bullish Rally Amid Positive Momentum Indicators
The cryptocurrency market is showing signs of a forthcoming bullish trend, with Bitcoin (BTC) and...
FOMC Preview: 2024 Dot Plot Expected to Indicate Reduced Rate Cuts
FED to Stay the Course and Delay Timing of First Rate Cut The Federal Open...