Expectations of aggressive rate cuts by the Reserve Bank of New Zealand are weighing heavily on the pair price against the Dollar. Adding to the complexity are heightened global risks and significant shifts in international monetary policies, which...
Gold Technical Analysis In the 30-minute timeframe, gold prices are showing a strong bullish trend. The market structure is clearly bullish as the price is trading above the 200-day simple moving average (SMA), a key indicator of bullish momentum....
•••EUR/JPY in Focus: What’s Driving the Price Today(January 10,2025)?••• • The EUR/JPY pair has been making some subtle moves today. As of now, it’s sitting at around 161.73 JPY per EUR, a slight drop from the previous close of 162.44 JPY. Right...
The Bank of Japan (BoJ) is in the midst of a difficult battle to reverse the two-year downward trend of the Japanese Yen. Despite deploying numerous policy tools, including aggressive interventions and adjusting interest rates, the BoJ has yet to...
The European Central Bank (ECB) has lowered its three key interest rates by 25 basis points, bringing the deposit rate to 3%. In its latest monetary policy statement, the central bank reaffirmed its commitment to achieving its 2% inflation target...
