Investors are closely watching the release of the US Personal Consumption Expenditures (PCE) Price Index, a key inflation gauge that could shape future monetary policy decisions. Analysts anticipate a rise in annual inflation compared to September,...
NZD/USD Greetings and Good Morning guys! New Zealand’s GDP rate was not too good to help the buyers of NZD/USD, which has led to a bearish sentiment in the market. The weak economic performance suggests that the New Zealand dollar may struggle to...
EUR/USD Technical Analysis and Forecast The EUR/USD market trades around 1.0497 in the H1 timeframe. It currently has support at 1.0450 and resistance at 1.0530. These levels are critical as they will determine the next potential price move. On the...
Market Fundamentals: The US Dollar (USD) strengthened following the Federal Reserve’s (Fed) hawkish policy stance, which also fueled a rally in Treasury yields while delaying expectations for an initial rate cut. The Fed signaled a slower pace of...
Market Fundamentals: Recent US inflation data revealed that consumer prices rose more than anticipated, reinforcing expectations that the Federal Reserve (Fed) may keep interest rates elevated for an extended period to combat persistent price...
