ECB to devise perfect timing of cautious rate cuts Germany’s financial policymakers offered a curious metaphor for the ECB interest rates. They compared the cycle of the ECB monetary easing to descending a mountain. The key issue now is to devise...
The EUR/USD currency pair continued its downward movement on Friday. This trend would have continued throughout the day without the University of Michigan Consumer Sentiment Index in the US. The index was much weaker than forecast, which halted the...
Hello all, The price behavior of gold is currently a hot topic among traders and analysts. As we continue our detailed analysis of the gold market, we begin by examining the daily time frame to gain a broader perspective on recent movements....
This year, Gold (XAU/USD) has had a fantastic meeting, reaching close to $2,450 at the beginning of May. Nevertheless, bullion has begun to recede more than 4% from its highs in the past few exchange meetings, indicating that the vertical force is...
The NZD/USD currency pair, representing the exchange rate between the New Zealand Dollar (NZD) and the US Dollar (USD), is currently trading around 0.6125. The prevailing trend for this pair is bearish, indicating a decline in the value of the NZD...