Technical analysis of the USDJPY pair The technical analysis of the pair on the 4-hour chart shows that the price has reached a support area, which is the weekly pivot level and the retest level of the broken channel. By tracking the price movement...
The Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr has hinted at the possibility of further monetary easing shortly. Dovish commentary from the RBNZ and weak domestic economic data continue to weigh on the New Zealand Dollar (NZD). Market...
The US Dollar Index (DXY) faced significant downward pressure, retreating to the 107.20 zone, marking its lowest level in two weeks. This decline was primarily driven by falling US Treasury yields across the curve, as investors adjusted their...
Investors are also awaiting the Federal Reserve’s (Fed) upcoming interest rate decision next week, with markets widely expecting the central bank to keep rates steady at 4.25%–4.5%, according to the CME FedWatch Tool. Meanwhile, Trump’s proposed...
Despite a ceasefire agreement between Israel and the Lebanon-based Hezbollah militant group, geopolitical risk premiums remain elevated due to the escalating Russia-Ukraine conflict. Additionally, expectations that the Organization of Petroleum...
