The NZD/USD pair is currently reflecting a bearish sentiment, with technical analysis indicating a potential decline of 29 to 43 pips. The pivot point at 0.5608 is a critical resistance level that shapes the immediate market outlook. As long as the...
Traders are closely monitoring the British pound as market speculation suggests the Bank of England (BoE) could soon reduce interest rates by 25 basis points (bps) to 4.75%. The likelihood of another 25 bps cut has also gained traction, as Reuters...
GBPUSD GBP/USD Outlook: As of January 18, 2025, the GBP/USD pair is under pressure as the U.S. dollar maintains its strength, driven by strong economic data and elevated U.S. Treasury yields. Here’s an in-depth look at the current factors impacting...
The NZD/USD exchange rate demonstrates a persistent bearish outlook, with expectations of a decline ranging from 29 to 43 pips. The critical pivot point at 0.5608 acts as a key resistance level, marking the boundary between a continuation of the...
AUD/USD returns to the red at around 0.6200 early Friday. The Aussie fails to sustain stronger-than-expected China's growth and activity data-led upswing as the RBA's dovish shift and looming Trump's tariff plans remain a drag.AUD/USD remains...
