Investor concerns over the Eurozone's economic outlook have intensified, placing significant pressure on the price against major currencies, except for certain Asia-Pacific peers. The uncertainty stems from multiple factors, including Trump’s first...
China's Caixin Services PMI unexpectedly dropped to 51.5 from 52.0, intensifying concerns about the fragile recovery in the world's second-largest economy. This has added pressure on the Australian Dollar (AUD), often seen as a proxy for Chinese...
Gold Technical Analysis If you monitor the price development based on the H4 period on the right, it appears to be a strong buy candle, that is, the closing price above the Middle Bollinger Bands line, indicating that the buyer strength can reach...
USD/JPY shows signs of force as consolidated The US dollar initially retreated against the Japanese Jenu during the Friday trade session, which was influenced by the recent Bank of Japan decision to raise interest rates. However, it seems that the...
Rising expectations of a less aggressive monetary policy easing by the Federal Reserve (Fed) have helped the US Dollar (USD) stall its overnight pullback from a three-month peak, pressuring the pair lower. Additionally, speculation surrounding the...
