Canada’s economic calendar remains relatively quiet this week, with only low-tier data releases on the horizon. The Bank of Canada (BoC) is widely expected to continue cutting interest rates, while the Federal Reserve (Fed) is anticipated to hold...
Bank of Japan (BoJ) Governor Kazuo Ueda has indicated that the next interest rate hike is approaching as economic data continues to align with expectations. However, he emphasized the importance of assessing the momentum generated by Japan’s fiscal...
The provided analysis is focused on a technical assessment of a financial asset, with a primary emphasis on the pivot point at 0.5754. This level is identified as a key resistance level, meaning that as long as the price remains below it, the...
Switzerland’s State Secretariat for Economic Affairs (SECO) has revised its economic growth forecasts, now expecting the Swiss economy to expand by 0.9% in 2023, down from the previous estimate of 1.2%. For 2024, growth is projected at 1.5%,...
The EUR/JPY currency pair exhibits a potential upward trend, primarily supported by technical indicators and key support levels that reinforce bullish momentum. The pivot point, established at 156.16, acts as a crucial determinant in defining market...
