Australia's economic growth has remained sluggish, prompting attention to the Reserve Bank of Australia's (RBA) future policy decisions. Although rate cuts are not expected until February 2025 at the earliest, there are growing expectations that...
West Texas Intermediate (WTI) crude oil prices experienced a marginal decline on Friday, settling around $69.90 a barrel during Asian trading hours, a slight pullback following a previous session of gains. This downward trend places crude prices on...
The US Dollar Index (DXY), which measures the Greenback’s strength against six major currencies, saw a notable surge after President Donald Trump warned of imposing 25% import tariffs on all products from Canada and Mexico. Trump also announced a...
Technical Analysis of XAUUSD As of the current market price of 2891, XAUUSD is trading within a defined range, with immediate support at 2863 and resistance at 2920. These levels are critical in determining the near-term direction of the market. The...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
