Market participants are widely anticipating a 25-basis-point rate cut by the Federal Reserve (Fed) at its upcoming meeting, with traders currently pricing in an 86% probability of this move. Ahead of the decision, all eyes are on the U.S. Consumer...
The main events by the morning: February 6 Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching the maximum price increase since August 2022. This is due to higher premiums for Middle Eastern raw...
February 6, 2025 The USD/JPY is currently trading at 151.428, with key support at 154.617 and resistance at 155.084. The market sentiment appears balanced, with a notable pivot level that could influence future movements. Technical Analysis: Moving...
Switzerland's manufacturing sector showed slight improvement in January, with the SVME Purchasing Managers' Index (PMI) edging up to 47.5 from 47.0, though it remained below market expectations of 49.0. The modest gain was dampened by declines in...
The U.S. dollar (USD) remains resilient as market participants adopt a cautious stance ahead of the Federal Reserve’s (Fed) policy decision. Investors are now almost fully pricing in a 25-basis-point rate cut, with heightened attention on Fed Chair...
