US crude oil inventories surged unexpectedly last week, with the American Petroleum Institute (API) reporting a significant increase of 10.9 million barrels for the week, in contrast to the previous week's decline of 1.5 million barrels. Market...
The AUD/USD currency pair is currently showing signs of bullish momentum, with potential price appreciation of 41 to 57 pips. The pivot point is strategically positioned at 0.6202, serving as a critical level that traders closely monitor to assess...
The US Dollar (USD) strengthened last week following a series of encouraging economic data releases, reinforcing the resilience of the US economy. Investors are now closely watching the advanced Q3 Gross Domestic Product (GDP) figures, alongside...
USD/JPY Price Movement Our discussion focuses on the present pricing behavior of the USD/JPY currency pair, which we're analyzing. I anticipate that USD/JPY will react to the Fed rate decision, with the key factor being Powell's commentary....
The NZD/USD is trading near the 0.56630 ratio as of this writing in what appears to be rather cautious proceedings. The U.S Federal Reserve will release its FOMC Policy Statement later today, but most financial institutions assume the U.S central...
