The latest US economic data has painted a mixed picture, influencing market sentiment and expectations for the Federal Reserve's monetary policy. The US Gross Domestic Product (GDP) for the third quarter came in lower than anticipated, signaling...
The New Zealand Dollar (NZD) continues to face downward pressure as the Reserve Bank of New Zealand (RBNZ) maintains its aggressive policy-easing stance. The central bank recently slashed its Official Cash Rate (OCR) by 50 basis points to 4.25% and...
GBP/AUD Market Outlook Greetings and Good Morning guys! We have many buying opportunities in the GBP/AUD market today. Market movements indicate strong bullish potential, but it is essential to keep an eye on incoming news events related to GBP or...
Bank of Japan (BoJ) Governor Kazuo Ueda recently signaled that the timing for the next rate hike is drawing closer. This, coupled with data indicating solid underlying inflation in Japan, fueled expectations that the BoJ could raise rates at its...
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,...