The GBP/AUD currency pair is currently at a pivotal juncture, with expectations for a potential rise of 83 to 123 pips, provided that it remains above the 1.9830 support level. This pivot point is crucial in determining the next movement, as holding...
The EUR/USD pair showed signs of recovery on Wednesday, buoyed by a broader improvement in risk sentiment, which has kept the US Dollar under pressure. After ending a six-day losing streak, the Euro is attempting to stabilize, though it remains...
The core Consumer Price Index (CPI) is projected to rise by 3.3% year-over-year, marking a critical data release ahead of the Federal Reserve’s (Fed) final policy meeting of the year. Meanwhile, Friday’s U.S. employment report is expected to...
Mixed signals from Bank of Japan (BoJ) officials indicate that the central bank is in no rush to tighten its monetary policy, leading to a two-week low for the Japanese Yen against the US Dollar. Reports citing five sources familiar with BoJ's...
WTI crude oil futures have experienced a downward trend over the past three weeks, declining by approximately 6% since reaching a peak of 79.36 in January. The recent sell-off intensified on Tuesday, pushing prices to a low of 70.66. However, the...
