Scott Bessent’s nomination as the US Treasury secretary, coupled with mounting expectations that the Federal Reserve will cut rates again in December, has driven US Treasury bond yields to remain subdued. This environment has pushed the US Dollar to...
Crude oil prices have surged to a four‐month high following the Biden administration’s introduction of a new sanctions package against Russia, a move that has provided notable support for the Canadian Dollar (CAD) and added pressure on the USD/CAD...
The NZD/USD currency pair continues to exhibit strong bearish momentum, as price action remains firmly below the critical pivot level of 0.5765, which serves as a significant resistance zone. As long as the price remains beneath this level, the...
The NZD/USD currency pair remains under strong bearish pressure, as price action consistently fails to break above the crucial pivot level of 0.5765, which currently acts as a significant resistance point. As long as the price remains below this...
The EUR/GBP currency pair continues to exhibit a bearish trend as price action remains subdued below the critical resistance level of 0.8288, which acts as a formidable barrier against upward movements. The inability of buyers to push the price...
