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...
The Euro (EUR) continues to face downward pressure as expectations grow that the European Central Bank (ECB) will implement more aggressive rate cuts compared to the Federal Reserve (Fed). The ECB is anticipated to reduce rates by 25 basis points,...
NZD/USD has demonstrated resilience in maintaining its position above the pivot level of 0.5628, indicating that buyers are attempting to regain control. If this support holds, a rebound scenario is expected, with the potential for gains between 34...
Gold prices (XAU/USD) experienced a decline to around $2,765 in early Asian trading on Monday, primarily driven by renewed demand for the US dollar. The dollar's resurgence comes amidst growing uncertainty surrounding global trade dynamics,...
The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
