NZD/USD Steady After Latest Jumbo Rate Cut The Reserve Bank of New Zealand (RBNZ) cut interest rates by 50 basis points, causing NZD/USD to fluctuate in trading on Wednesday (2/19/2025). However, the Kiwi Dollar then settled in the middle range...
EURUSD EURUSD outlook: The EURUSD pair remains under pressure due to the strength of the U.S. dollar, driven by strong economic data and the Federal Reserve's hawkish stance. The pair is currently trading below the 1.0600 psychological level, with...
Core Points about AUDUSD: Currently, the AUDUSD market is trading around the 0.6345 level, indicating the possibility of further upward movement shortly. Price action suggests that market participants are closely watching key resistance and support...
Core Points about NZDUSD: At the moment, the NZD/USD market is trading around the 0.5717 level, which is a resistance zone. This level has been tested multiple times, indicating that it is a key area where sellers have historically stepped in to...
Market Fundamentals: Escalating geopolitical tensions between Russia and Ukraine are driving safe-haven demand, which could strengthen the Swiss Franc (CHF). Ukraine has launched a series of drone attacks targeting Russian oil storage facilities and...