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NZD/USD posts modest gains above 0.5750 ahead of US PMI release
NZD/USD trades with mild gains near 0.5765 in Friday’s early Asian session. US Initial Jobless Claims came in weaker than expected last week. Trump tariff threats could drag the Kiwi lower. The NZD/USD pair extends the rally to around 0.5765 during the early Asian session on Friday, pressured by the softer US dollar (USD). Traders…
Summary 9/9 – 9/13 – Action Forex
Monday, Sep 9, 2024 Tuesday, Sep 10, 2024 Wednesday, Sep 11, 2024 Thursday, Sep 12, 2024 Friday, Sep 13, 2024 The post Summary 9/9 – 9/13 appeared first on Action Forex. Source link
US existing sales for March 4.02M vs 4.13M estimate | Forexlive
Prior month 4.26M revised to 4.27M Existing home sales lower at 4.02M annualized pace versus 4.13M estimate. The prior month was revised marginally higher to 4.27M Decline -5.9% after rising 4.4% last month inventory/sales 4.0 months supply supply of homes is now 1.33 million median price is $403,700 up 2.7% year on year first-time buyer…
How this year’s Nobel winners changed the thinking on economic growth
By Antonio Navas, University of Sheffield What makes some countries rich and others poor? Is there any action a country can take to improve living standards for its citizens? Economists have wondered about this for centuries. If the answer to the second question is yes, then the impact on people’s lives could be staggering. This…
Dollar weakens, yen strengthens as bets firm on aggressive Fed rate cut By Reuters
By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) -The dollar weakened and the yen hit its highest level in more than a year on Monday, as market participants increasingly expected an oversized rate cut by the Federal Reserve later this week. The dollar fell to as low as 139.58 yen, falling further from the 140.285…
