The United States (US) core Consumer Price Index (CPI), excluding volatile food and energy prices, has held steady at 3.3%, maintaining its upward momentum from 3.2%. Additionally, the annual US headline Producer Price Index (PPI) surged to 3%,...
The NZD/USD currency pair's current technical setup suggests a nuanced scenario where bullish and bearish forces are delicately balanced. The critical support level at 0.5693 serves as a key pivot point, determining the pair's short-term direction....
The GBP/NZD pair is trading near 2.0550 as of January 26, 2025, reflecting a mixed sentiment influenced by economic data and policy expectations from both the UK and New Zealand. The pair has recently shown a moderate upward bias as the British...
The NZD/USD currency pair exhibits a strong potential for upward momentum, with expectations for an increase of 29 to 43 pips provided that the critical support level at 0.5693 holds firm. This level serves as a psychological and technical...
The AUD/USD pair is entrenched in a persistent downward trend, with the pivotal resistance level of 0.6550 remaining unbroken despite multiple recovery attempts. This failure to breach a key technical level has cemented the bearish outlook, as...