Domestic economic data in New Zealand presented a mixed outlook, with the Business NZ Performance of Services Index (PSI) falling to 49.1 in February, down from 50.4. This decline signals a return to contraction in the services sector, highlighting...
Investors will be closely watching the Fed’s dot plot and economic projections, as these will offer insights into the central bank’s plans. Notably, Fed officials have collectively signaled two potential interest rate cuts for 2025. Meanwhile, in...
EUR/ JPY Price Projection I am studying the ongoing EUR/ JPY currency pair price action. An analytical look at the quote using the Bollinger indicator with vertical volumes. In my opinion, now, when the pair is trading at 160.38, there is a good...
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CHFJPY Daily Forecast The CHFJPY currency pair was halted today but consolidated its recent gains after a strong rally that extended it to four consecutive days. The sideways movement occurred when the pair reached a key resistance area at 172.80,...
