CPI and Forex: How CPI Data Affects Currency Prices
CPI and Forex: How CPI Data Affects Currency Prices In the ever-dynamic world of the forex market, a multitude of factors influences currency prices. Among these, the Consumer Price Index (CPI) stands out as a significant economic indicator. Understanding its impact is crucial for investors, particularly those involved with platforms like Xtreamforex, which provide a […]
China’s Central Bank Restarts 14-Day Reverse Repos to Ease Year-End Liquidity
China’s Central Bank Restarts 14-Day Reverse Repos to Ease Year-End Liquidity After a three-month hiatus, the People’s Bank of China (PBOC) has recommenced its practice of injecting short-term cash into the financial system via 14-day reverse repurchase agreements (reverse repos). This move, enacted on Monday, is part of a broader strategy to manage the surging […]
Australian Dollar Rises on Expectations of Federal Reserve Rate Reductions
Australian Dollar Rises on Expectations of Federal Reserve Rate Reductions The Australian Dollar (AUD) has been on a positive trajectory since Wednesday, with the AUD/USD pair experiencing notable upward movement. This surge is largely attributed to market expectations of impending rate cuts by the US Federal Reserve (Fed), which in turn has put downward pressure […]
EUR/USD Maintains Modest Increase Near 1.0900, Awaiting German IFO Report
EUR/USD Maintains Modest Increase Near 1.0900, Awaiting German IFO Report Rewrite this news and expand to 400 words: EUR/USD Maintains Modest Increase Near 1.0900, Awaiting German IFO Report The EUR/USD pair posts modest gains during the Asian trading hours on Monday. The major pair remains capped under 1.1000, the key barrier, and currently trades near […]