Despite growing expectations that the Federal Reserve (Fed) will continue cutting interest rates in response to signs of weakness in the U.S. labor market, traders have largely priced out the possibility of more aggressive policy easing. This has...
The spot prices remain in a defensive posture during the early European session on Thursday, staying below the key $2,600 mark but still within striking distance of its all-time high. As the market absorbs growing expectations that the Federal...
The outlook for the pair remains bearish in the short to medium term, as the pair is entrenched in a downtrend defined by lower highs and lower lows. A variety of key factors are influencing this trajectory, including U.S. inflation data, Federal...
The New Zealand Dollar (NZD) is facing ongoing headwinds, driven by weak domestic economic conditions and the Reserve Bank of New Zealand’s (RBNZ) easing measures. These cuts reflect the central bank’s efforts to stimulate growth, but their...
The spot prices are experiencing a rally as the EU trading session kicks off, though concerns are building ahead of key events, particularly with OPEC+ and its delayed policy decisions. While prices are rising, a weekly loss for oil appears...