The AUD/USD pair has regained upward momentum, once again testing the critical 0.6300 resistance level. This movement comes amid renewed weakness in the US Dollar (USD) as markets brace for the release of key US inflation data on Wednesday. The...
The EUR/GBP pair continues its upward trajectory for the second consecutive day, trading near 0.8350 during Tuesday’s European session. This movement is primarily driven by the Pound Sterling's (GBP) weakness following dovish comments from Bank of...
Market expectations for the Bank of Japan (BoJ) to raise interest rates at its upcoming monetary policy meeting have surged, with traders pricing in a 92% probability of a hike. If confirmed, this move would push short-term borrowing costs to levels...
The NZD/USD pair saw a modest uptick on Tuesday, gaining 0.31% to settle at 0.5655 as buyers sought to reassert dominance. The pair is currently challenging the 20-day Simple Moving Average (SMA) at 0.5650, a critical resistance level that has...
The USD/JPY pair is trading in a narrow range around the 152.00 level during Tuesday's European session, reflecting a sideways trend as market participants await Federal Reserve Chair Jerome Powell's testimony before Congress. Powell's remarks,...
