The European Central Bank (ECB) is expected to lower its Deposit Facility rate by 25 basis points (bps), bringing it down to 3.25%. This would mark the second consecutive rate cut by the ECB, signaling a shift in monetary policy aimed at supporting...
The Fiber price continued its downward trajectory on Tuesday, slipping further to near the 1.0590 mark during the late European session. The pair’s weakness came after dovish comments from European Central Bank (ECB) President Christine Lagarde,...
The British Pound (GBP) experienced a dip to two-week lows following a speech by Bank of England (BoE) Governor Andrew Bailey. Bailey’s comments, signaling a potential shift toward more aggressive interest rate cuts in response to subdued inflation,...
The pair is experiencing some near-term resistance, shaped by a divergence in monetary policy between the dovish Federal Reserve (Fed) and the hawkish Reserve Bank of Australia (RBA). RBA Deputy Governor Andrew Hauser recently stated that the...
NZD/USD Market outlook Greetings and Good Morning guys! We can see that the RBNZ Governor's speech and New Zealand's Unemployment rates couldn’t help the buyers of NZD/USD in the last week. Despite the expectations that these events would provide...