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 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...
The EUR/USD pair has shown signs of recovery after a three-day decline, managing to reverse some of its recent losses and refocusing on the 1.0400 level. This rebound comes amid a noticeable pullback in the US Dollar (USD), which failed to sustain...
In January, crude oil experienced a strong initial rally but ultimately reversed its gains, facing significant resistance on the upside. This reversal can be attributed, in part, to the Trump administration's strategic objective of lowering crude...