Market forecasts suggest a marginal slowdown in economic activity, with the Services PMI expected to ease to 52.2 from the previous month's 52.4. Meanwhile, mixed expectations surround US PMI data, as the Manufacturing PMI is anticipated to rise...
The AUD/USD pair continues to consolidate near the 0.6202 pivot level, which remains a key determinant of future price action. A successful hold above this level could confirm a potential rebound, while a breakdown below it may accelerate bearish...
The NZD/USD currency pair is trading at a crucial inflection point, with price action centered around the pivotal support level of 0.5628. If this level holds, a recovery is anticipated, with an expected rise of 34 to 48 pips. The technical...
Gold price trimmed intraday losses and recovered above the $2,750 mark after the Fed decided to keep the benchmark interest rate unchanged. Confident Chair Powell's words put near-term pressure on the US Dollar. From a technical point of view, the...
US Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, stated that concerns over a near-term, full-scale Middle East conflict have diminished following limited exchanges of fire between Israel and Hezbollah in Lebanon without...
