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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Gold Futures Settled Lower On Monday

Gold prices drifted lower on Monday as demand for the yellow metal dropped amid rising prospects of further rate hikes by global central banks to combat soaring inflation. The dollar’s somewhat steady performance weighed on gold prices. The dollar index, ...

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Ireland Manufacturing Output Falls Further

Ireland’s manufacturing output declined for the sixth successive month in March, though at a slower rate than in the prior month, provisional figures from the Central Statistics Office showed on Monday. Manufacturing output fell a seasonally adjusted 5.7 percent year-on-year ...

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Slovakia March Trade Balance Logs Deficit

Slovakia’s trade balance turned to a deficit in March, as imports grew faster than exports, preliminary data from the Statistical Office of the Slovak Republic showed on Friday. The trade balance showed a deficit of EUR 420 million in March ...

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Mexico Inflation Accelerates Less Than Expected

Mexico’s consumer price inflation accelerated for the third straight month in April, though at a slower-than-expected pace, date from the National Institute of Statistics and Geography showed on Monday. Consumer prices climbed 7.68 percent year-on-year in April, faster than a ...

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France Trade Gap Widens In March

France’s trade gap widened in March due to rising imports, data from customs office showed on Monday. The trade deficit increased to EUR 12.4 billion from EUR 10.4 billion in February. Exports dropped slightly by 0.1 percent from the previous ...

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