Due to the US dollar's strong performance and the Fed's "higher for longer" interest rate attitude, the AUD/USD exchange rate dropped just below 0.6350. As anticipated, the RBA lowered the OCR by 25 basis points to 4.10%, although it did so while...
Market Fundamentals: The US Dollar (USD) remains resilient despite a brief corrective slide from a four-month high reached on Wednesday. Market optimism surrounding stronger economic growth and rising inflation under a potential second term for...
EURUSD TECHNICAL ANALYSIS In the current movement of EURUSD, it can be seen that the price is still in a bullish condition, although if you look in more detail at the movement during this week, it seems that the movement is not always bullish,...
The GBPUSD pair remains a focal point for forex traders as it continues to navigate a complex landscape of economic data and geopolitical developments. Recently, the pair has experienced heightened volatility, driven by shifting expectations around...
In Tuesday's North American session, offers are drawn to the USD/CAD pair close to the intraday high of 1.4200. Following the release of the Canadian Consumer Price Index (CPI) data for January, which indicated that price pressures escalated, the...
