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...
The analysis of the AUD/JPY currency pair suggests a potential upward movement, with a pivotal support level at 94.78, which serves as a crucial point for future price direction. The recommendation favors a rebound towards the 95.85 level,...
AUD USD As of February 25, 2025, the Australian Dollar (AUD) is trading at approximately 0.6368 against the US Dollar (USD). This exchange rate reflects a slight depreciation from the high of 0.6407 observed on February 21, 2025. The recent...
Australia's largest trading partner, saw its top leaders and policymakers contemplate allowing the Chinese Yuan to depreciate in response to anticipated sharp hikes in U.S. tariffs, according to Reuters. Meanwhile, China's Trade Balance (CNY) rose...
Excessive concern over potential inflation shocks could be detrimental to the economy, European Central Bank (ECB) Executive Board member Piero Cipollone stated in an interview with Corriere della Sera, as reported by Bloomberg. Meanwhile, ECB...