The resignation of Michael S. Barr as Fed Vice Chair for Supervision played a key role in this rally, as Barr has been known for his strict regulatory stance on banks engaging with and holding cryptocurrencies. His departure has eased concerns over...
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...
EUR/NZD remains under significant selling pressure, as price action continues to struggle below the 1.8475 resistance level. The technical outlook remains firmly bearish, with the RSI holding below 50, reflecting sustained weakness in the pair....
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...
GBP/JPY is currently positioned at a crucial technical level, with 192.46 acting as a major support zone. The market is watching closely to see if this level holds, as a sustained rebound could push the pair higher by 111 to 161 pips. The technical...
