In the world of forex trading, economic indicators play a crucial role in influencing currency prices. One of the most important among these indicators is the Gross Domestic Product (GDP) report. GDP reflects the economic health of a country and...
AUD/USD This morning, I’m seeing AUD/USD holding near the 0.6410 mark after last week’s modest rebound. Price action still looks cautious, and I get the sense that bulls are lacking follow-through despite a slightly weaker U.S. dollar. Technical...
The U.S. dollar gained traction against major counterparts as the Federal Reserve maintained its benchmark interest rate within the 4.25%–4.50% range, aligning with market expectations. In a post-meeting press conference, Fed Chair Jerome Powell...
GDP reports are a foundational element in fundamental forex analysis. They provide valuable insight into a country's economic health and influence investor expectations, interest rates, and market sentiment — all of which can move currency prices...
USD/JPY Right now, USD/JPY is trading around 134.50, holding steady after some stability last week. The pair’s been supported by a strong U.S. dollar, but it’s having trouble pushing higher with global markets showing some caution. Technical View:...
