The USD/JPY pair is trading in a narrow range around the 152.00 level during Tuesday's European session, reflecting a sideways trend as market participants await Federal Reserve Chair Jerome Powell's testimony before Congress. Powell's remarks,...
The Federal Reserve is widely expected to keep its benchmark interest rate unchanged at its meeting. Despite the pause, the strong US economic outlook, persistently high inflation, and the Fed’s hawkish stance continue to bolster the US Dollar (USD)...
The spot price appears poised for a strong start to the year, but analysts anticipate a temporary pullback ahead of the upcoming U.S. Consumer Price Index (CPI) data release. A favorable inflation report could rekindle market optimism, potentially...
Growing concerns over a potential trade war between the Eurozone and the United States have intensified following comments by Stephen Moore, a senior economic advisor to Donald Trump. Speaking on BBC radio over the weekend, Moore suggested that the...
The NZD/USD pair saw a modest uptick on Tuesday, gaining 0.31% to settle at 0.5655 as buyers sought to reassert dominance. The pair is currently challenging the 20-day Simple Moving Average (SMA) at 0.5650, a critical resistance level that has...
