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Eco Data 11/22/24 – Action Forex
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U.S. GDP, PCE Price Deflator, and the Preliminary February Purchasing Manager Surveys Top Friday’s Menu – Currency Thoughts
U.S. GDP, PCE Price Deflator, and the Preliminary February Purchasing Manager Surveys Top Friday’s Menu February 20, 2026 The dollar was narrowly mixed just prior to the eagerly awaited twin-bill of U.S. economic data releases, unchanged against the euro and loonie, 0.3% higher relative to New Zealand’s currency, 0.3% stronger against the Mexican peso, and…
British pound slips to one-month low – MarketPulse
The British pound has posted considerably on Tuesday. GBP/USD is trading at 1.2713 in the North American session, down 0.66% on the day. Earlier, GBP/USD fell to 1.2672, its lowest level since July 2. UK Construction PMI shines The UK Construction PMI index impressed in July, rising to 55.3, its highest level in 26 months….
Daily Broad Market Recap – November 12, 2024
Markets showed mixed sentiment today as traders likely positioned themselves ahead of FOMC members’ speeches, while bitcoin continued its post-election rally to fresh highs. Check out which headlines influenced price action in the financial markets in the past trading sessions: Headlines: Australia Westpac-MI consumer sentiment rose 6.2% to 89.8 in October, likely boosted by rate…
Noguchi says BoJ can restart hikes gradually as Yen weakness turns problematic – Action Forex
BoJ board member Asahi Noguchi said today that the central bank could resume interest rate hikes once U.S. tariff risks recede, but emphasized that any tightening must “measured, step-by-step”. He warned that maintaining very low real interest rates for too long risks undermining the economy by pushing Yen lower and stoking undesirable inflation. A weaker…
