The recent weakness in the Kiwi is driven by a stronger US Dollar, bolstered by a hotter-than-expected US Producer Price Index (PPI) report. With the Federal Reserve’s (Fed) upcoming interest rate decision in focus, traders remain cautious as...
GBP/USD Technical Analysis Daily Timeframe (D1) Analysis On the D1 timeframe, GBP/USD is currently trading around 1.24050, showing price fluctuation near important support and resistance levels. The market structure suggests consolidation as buyers...
The US Dollar (USD) remains well-supported against the Swiss Franc (CHF) following the Federal Reserve’s (Fed) decision to leave interest rates unchanged. Fed Chair Jerome Powell reaffirmed confidence in the US economy’s resilience, emphasizing that...
Japanese is only on Friday in a negative territory. This follows a two -day rally that saw Yen Jump 1.9% and hit a three -month maximum. At the European meeting, USD/JPY is traded at 151.94, which is 0.39% per day. On the queue of the data, Japanese...
Introduction The AUD/USD currency pair is one of the most actively traded pairs in the forex market. Its movement is influenced by various factors, including key economic data, central bank policies, and overall global risk sentiment. In this...
