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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

U.S. Housing Starts Edge Down 0.2% In April

A report released by the Commerce Department on Wednesday showed a modest decrease in new residential construction in the month of April. The Commerce Department said housing starts edged down by 0.2 percent to an annual rate of 1.724 million ...

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European New Car Registrations Fall Further In April

European new car registrations declined for the tenth successive month in April, as supply chain issues continued to hurt production, the European Automobile Manufacturers’ Association, or ACEA, said Wednesday. Registrations of new passenger cars dropped 20.6 percent year-over-year in April, ...

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U.S. Dollar Climbs On Powell's Hawkish Remarks

The U.S. dollar moved up against its most major opponents in the European session on Wednesday, following comments from Federal Reserve President Jerome Powell that the U.S. central bank is determined to keep raising interest rates until there is clear ...

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