The Federal Open Market Committee (FOMC) recently reduced its benchmark overnight borrowing rate by 25 basis points (bps) to a target range of 4.50%-4.75%, signaling a shift toward more accommodative monetary policy. Federal Reserve Chair Jerome...
The GBP/AUD currency pair has shown strong upward momentum, with expectations of a potential increase ranging between 53 and 79 pips, provided that the 1.9795 support level holds. The market remains in a bullish structure, as long as buyers...
In the context of the USD/CHF pair on the daily chart, it appears that we might see distinct movements in opposite directions. It’s not uncommon for currency pairs to behave differently, and I believe we are about to witness such a scenario here. A...
The EUR/JPY currency pair appears to be experiencing a bearish trend based on current market conditions. The pivot point is established at 156.78, which serves as a critical resistance level in the short term. As long as the price remains below...
NZD/USD Outlook Good Morning guys! Yesterday, the US Flash Service and manufacturing index couldn't help the sellers told the 0.5700 zone. Therefore, the market of NZD/US crosses the 0.5763 zone successfully. Also, the RBGovernorner speech was...
