The AUD/USD currency pair is showing signs of potential recovery, with price action revolving around the key pivot level at 0.6202. A sustained hold above this level could reinforce bullish sentiment and drive prices higher, whereas a failure to...
Market forecasts suggest a marginal slowdown in economic activity, with the Services PMI expected to ease to 52.2 from the previous month's 52.4. Meanwhile, mixed expectations surround US PMI data, as the Manufacturing PMI is anticipated to rise...
NZD/USD has entered a critical phase, with its price movements largely dictated by the key pivot level of 0.5628. If this level holds, a rebound scenario is expected, with the potential for gains ranging from 34 to 48 pips. The technical landscape...
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...
The NZD/USD currency pair is currently hovering around the critical pivot point at 0.5628, a level that serves as a key determinant of future price direction. If the pair manages to hold above this level, a rebound scenario is likely, with an...
