The NZD/USD currency pair has recently exhibited signs of bearish pressure, suggesting that a decline of approximately 20–30 pips is likely. The pivot point at 0.5661 serves as a key technical level, where a brief retracement could occur before the...
The Dollar begins the week on a weaker footing, weighed down by a modest pullback in US Treasury bond yields. This provides some support to the pair, though gains remain limited by the Reserve Bank of Australia's (RBA) dovish stance and persistent...
The GBP/USD currency pair remains in a firm upward trajectory, showing resilience above the key pivot point at 1.2417. This level serves as a crucial support that, as long as it holds, reinforces the case for continued gains. The market has...
Data from the US Energy Information Administration (EIA) revealed a substantial crude oil inventory build of 5.474 million barrels, bringing total stockpiles to 426 million barrels for the week ending, far exceeding the forecasted increase of 0.7...
The Euro (EUR) remains under pressure against the Japanese Yen (JPY) as expectations of European Central Bank (ECB) rate cuts weigh on the common currency. The latest ECB Monetary Policy Meeting Accounts indicate that policymakers favor a cautious...
