US Economy Growth Slows to 1.6% in First QuarterEconomy

US Economy Growth Slows to 1.6% in First Quarter

Key Points: US economy growth slowed to 1.6% in Q1, below the expected 2.4%. Consumer spending growth tapered, but business…

GBP/USD Drops to 1.2502 Amid Economic TurmoilForex

GBP/USD Drops to 1.2502 Amid Economic Turmoil

Key Points GBP/USD is currently at 1.2502, impacted by UK-US economic turbulence and monetary policies. US Q1 GDP growth at…

Stock Futures: Dow Down 0.27%, Nasdaq Dips 1.18%Stocks

Stock Futures: Dow Down 0.27%, Nasdaq Dips 1.18%

Key Points: US Stock futures dropped, Dow futures fell by 102 points (-0.27%), while S&P 500 and Nasdaq 100 futures…

Australian Q1 CPI Surges to 3.6%: Impacts AUD/USDForex

Australian Q1 CPI Surges to 3.6%: Impacts AUD/USD

Key Points: AUD/USD showed a Dragonfly Doji and a break above the 50-4hr SMA, suggesting a short-term bottom at 0.6452…

Forex Forecast: EUR/JPY Nears 166.00 as JPY SlumpsForex

Forex Forecast: EUR/JPY Nears 166.00 as JPY Slumps

Key Points: EUR/JPY experienced a strong uptrend, nearing a target of 166.00 due to Japan’s dovish monetary policy. Potential interventions…

USD/MXN Rate Slips 0.81%, Nearing 16.81 SupportForex

USD/MXN Rate Slips 0.81%, Nearing 16.81 Support

Key Points: USD/MXN rate fell to 16.99, a 0.81% drop, with the 200-day SMA crossed at 17.16. Positive trends in…

GBP/USD Rate Hits 1.2450 on Economic SignalsForex

GBP/USD Rate Hits 1.2450 on Economic Signals

Key Points: GBP/USD rose to 1.2450, influenced by UK and US economic indicators. US PMI data show a contraction in…

NZD/USD Hits Mid-0.5900s Amid 3-Day Buying TrendForex

NZD/USD Hits Mid-0.5900s Amid 3-Day Buying Trend

Key Points The NZD/USD pair is showing a consistent trend of buying, now reaching the mid-0.5900s after three days of…

EUR/USD April Decline: Down 2.62% to 1.0650Forex

EUR/USD April Decline: Down 2.62% to 1.0650

Key Points EUR/USD is trading near 1.0650, close to the 200-hour EMA, with the potential to reach 1.0500 or recover…

USD/CAD Hits 1.3695, Reflects Economic TrendsForex

USD/CAD Hits 1.3695, Reflects Economic Trends

Key Points: Recent drops in crude oil prices have pressured the Canadian dollar, affecting the USD/CAD rate. Positive US economic…