The GBP/AUD currency pair is currently positioned at a critical level, with expectations of a potential upward movement of 83 to 123 pips. The pivot point at 1.9830 serves as a crucial reference for price action, determining whether the market will...
The potential re-election of Donald Trump is expected to weigh on risk-sensitive currencies as his protectionist trade policies could heighten global economic uncertainty. Trump has pledged to impose a universal 10% tariff on all foreign economies,...
February 5, 2025 USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders The USD/CAD currency pair has experienced significant volatility, primarily due to recent U.S. tariff announcements affecting Canadian imports. On...
China's Retail Sales, a key economic indicator for New Zealand’s primary trade partner, posted an unexpected slowdown, dampening sentiment in antipodean markets. Sales grew by just 3.0% year-on-year, falling short of the 4.6% forecast and marking a...
The core Consumer Price Index (CPI) is projected to rise by 3.3% year-over-year, marking a critical data release ahead of the Federal Reserve’s (Fed) final policy meeting of the year. Meanwhile, Friday’s U.S. employment report is expected to...
