Upon analyzing the daily timeframe for NZD/USD, the chart reveals certain complexities that hinder trading clarity. The pair demonstrated a confident and sharp decline from the 0.6375 level, but around mid-December, market dynamics shifted. Price...
Market Fundamentals: Recent economic data from the United Kingdom (UK) has reinforced expectations of potential interest rate cuts, adding to global monetary policy speculation. British Gross Domestic Product (GDP) showed a modest 0.1%...
The AUD/USD pair is experiencing downward pressure in early Asian trading on Monday, retreating toward 0.6245 as the US Dollar (USD) strengthens amid escalating trade tensions. Market sentiment remains cautious after former US President Donald Trump...
EU to tighten control over cheap goods on marketplaces The European Commission has proposed to strengthen control over cheap goods sold through online marketplaces in the EU. The new measures are aimed at protecting consumers, combating...
EUR/USD remains in a downward trend, with key technical indicators signaling further weakness. The Relative Strength Index (RSI) is still below 50, confirming that bearish momentum is prevailing. RSI readings below this level suggest that buyers are...
