The spot price faces persistent challenges, struggling to gain traction amid a confluence of unfavorable factors. Key issues include uncertainty surrounding the Bank of Japan's policy direction, underwhelming economic data, and shifting global risk...
EUR/USD Technical Analysis Current Price: As of today, EUR/USD is trading around the 1.0650 level. Trend: I’m seeing a consolidation phase in the pair, with a slight bearish bias. The price has struggled to break above the 1.0700 resistance level,...
European gas storage levels have dropped to 79% capacity, a notable decrease compared to 89% at the same time last year and below the five-year average of 81%. This shortfall is raising alarms about potential supply shortages as winter demand...
NZD/USD NZD/USD Outlook: As we enter 2025, the NZD/USD pair finds itself caught in a tug-of-war between the U.S. Dollar’s resilience and New Zealand’s cautious economic stance. Currently trading at a tight spread near 0.5614 (buy price) and 0.5611...
Recent data releases have emerged as pivotal factors shaping the current market dynamics, capturing the attention of traders and investors alike. Upcoming reports are expected to wield significant influence over the US Dollar’s trajectory and the...
