Megan Greene, a member of the Bank of England’s Monetary Policy Committee, recently emphasized the importance of gradually reducing interest rates as a means to balance economic stability with growth. When discussing inflation, Greene noted that key...
The catalyst behind the USD’s strength is stronger-than-expected US producer inflation data, which raises concerns about persistent inflationary pressures in the economy. While this may influence market sentiment, it is unlikely to shift...
•••EUR/JPY Market Insight – November 7, 2024••• Today, EUR/JPY is trading around 165.85–165.90, with this zone offering a battleground between two contrasting economic backdrops. The Euro is under pressure due to slowing economic growth across the...
AUD/USD Analysis Greetings and Good Morning guys! Unfortunately, the buyers of AUD/USD again lost their value from yesterday. The US Election made the US dollar stable and the price crossed the 0.6535 zone yesterday. Moreover, remaining responsive...
Usdjpy M15 Time Frame Technical Analysis: On the 15-minute chart of the USD/JPY pair, I observed a bounce from the support at 151.356, signaling potential bullish momentum. As the price approached the resistance at 154.220, I noticed an increase in...
