The pair is experiencing a second consecutive day of follow-through selling, with the exchange rate dropping back below the 1.4350 mark during the early Asian session on Friday. This downward move is largely driven by a stronger U.S. Dollar (USD),...
The currency pair has experienced a notable rally, reaching a higher high and reinforcing its established uptrend. After peaking, the pair has started moving sideways, potentially forming a Bull Flag continuation pattern. If this pattern holds, it...
The EUR/USD currency pair experienced limited movement on Friday, hovering just below the 1.0430 level. While it failed to extend the recent bullish recovery, it also didn't lose ground, signaling a period of consolidation. Market volumes were...
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RBA’s Assistant Governor Sarah Hunter recently indicated that these rates are contributing to what is expected to be a mild economic downturn. While the labor market remains tight, showing levels of employment growth, Hunter emphasized that this...
