Market Fundamentals: The US economic docket this week includes key data releases such as Durable Goods Orders, the Conference Board (CB) Consumer Confidence Index, Initial Jobless Claims for the week ending, and the Federal Reserve’s preferred...
USD/CHF As of today, USD/CHF is trading around 0.9126, showing a 0.19% increase. The pair has rebounded from key support, keeping the bullish momentum intact. With market sentiment favouring the dollar, I'm watching for potential breakouts....
The NZD/USD pair exhibited a notable upward movement on Tuesday, climbing 0.39% to settle at 0.5650, a level that marks a decisive break above the 20-day Simple Moving Average (SMA). This breakout is significant as it signals a potential shift in...
Market Fundamentals: Recent data from the U.S. Census Bureau revealed a notable 5.9% increase in New Home Sales, reaching a seasonally adjusted annual rate of 664,000 units. Additionally, last month’s sales figures were revised upward to 627,000...
Market Fundamentals: The European Central Bank (ECB) is widely expected to cut its key interest rate by 25 basis points (bps) to 2.75%, continuing its monetary easing amid economic uncertainty and persistent service inflation. According to Mark...
