The forex market is poised for a volatile week as traders await key U.S. economic data releases, beginning with the ISM Manufacturing PMI report on Monday. However, the primary focus will be on Friday’s Nonfarm Payrolls (NFP) report, which is...
AUD USD AUD/USD Technical Analysis: Recent Performance and Key Insights The AUD/USD currency pair is a widely followed and traded pair, reflecting the economic conditions of both Australia and the United States. A thorough technical analysis of...
Yesterday, EUR/USD experienced a significant bearish movement, dropping sharply to lower levels. Current technical indicators suggest a complex market scenario. The MA100 is trending downward at a modest angle of fifteen degrees, signaling that...
The main events by the morning: February 6 Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching the maximum price increase since August 2022. This is due to higher premiums for Middle Eastern raw...
Market participants are widely anticipating a 25-basis-point rate cut by the Federal Reserve (Fed) at its upcoming meeting, with traders currently pricing in an 86% probability of this move. Ahead of the decision, all eyes are on the U.S. Consumer...
