As of April 9, 2025, the EUR/USD currency pair is experiencing significant volatility, influenced by escalating global trade tensions and anticipated monetary policy adjustments. The pair is trading near the 1.1100 level, reflecting a complex...
Economic indicators play a pivotal role in forex trading by providing traders with data that can influence currency values and trading strategies. These indicators include statistics such as Gross Domestic Product (GDP), inflation rates, employment...
Investors will be closely watching the Fed’s dot plot and economic projections, as these will offer insights into the central bank’s plans. Notably, Fed officials have collectively signaled two potential interest rate cuts for 2025. Meanwhile, in...
The USD/JPY is sitting in a small negative area right now because of the negative data that has been released by the US dollar. Still, it will likely recover in the coming hours since the USD is going to be kept busy with news about the CPI, PPI,...
The weekly chart of the EUR/AUD pair shows a strong bullish structure that has recently broken out of a long-term consolidation phase and reached new highs. This upward trend comes after several months of sideways trading, during which price action...
