Market Fundamentals: The New Zealand Dollar (NZD) continues to struggle as the Reserve Bank of New Zealand (RBNZ) aggressively slashed its Official Cash Rate (OCR) by 125 basis points (bps) to 4.25% over three consecutive policy meetings. This...
Market Fundamentals: National Australia Bank (NAB) maintains its forecast for the first Reserve Bank of Australia (RBA) rate cut at the May 2025 meeting, though they acknowledge a potential shift to February. According to NAB's report, the...
GBP/USD Price Movement Our conversation is likely about the current appraisal of the GBP/USD currency pair's price behaviour. The GBP/USD pair changed direction, closing slightly higher after the U.S. dollar lost its earlier gains due to improved...
XRP/USD Market Analysis and Sentiment The XRP/USD market saw significant price action today. The market price reached an intraday high of 2.7769, followed by a correction to a low of 2.4719. The XRP/USD market price trades at 2.6104, reflecting a...
Market Fundamentals: Recent data from the U.S. Census Bureau revealed a notable 5.9% increase in New Home Sales, reaching a seasonally adjusted annual rate of 664,000 units. Additionally, last month’s sales figures were revised upward to 627,000...
