The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
The NZD/USD currency pair is currently hovering around the critical pivot point at 0.5628, a level that serves as a key determinant of future price direction. If the pair manages to hold above this level, a rebound scenario is likely, with an...
The NZD/USD pair is at a crucial turning point, with its price movement centered around the pivot level of 0.5628. This level serves as a decisive support, and as long as the price remains above it, a rebound scenario is favored, with potential...
The NZD/USD currency pair is trading at a crucial inflection point, with price action centered around the pivotal support level of 0.5628. If this level holds, a recovery is anticipated, with an expected rise of 34 to 48 pips. The technical...
The Euro (EUR) continues to face downward pressure as expectations grow that the European Central Bank (ECB) will implement more aggressive rate cuts compared to the Federal Reserve (Fed). The ECB is anticipated to reduce rates by 25 basis points,...
