Current Status and Market Outlook for NZD/USD The dominance of the U.S. dollar in global markets remains strong. If the USD continues to strengthen, it could quickly reverse the recent gains made by the New Zealand Dollar (NZD). The U.S. economy is...
West Texas Intermediate (WTI) crude oil prices experienced a marginal uptick, hovering around $70.30 per barrel during Monday's Asian trading session. However, this modest gain was tempered by looming concerns regarding the resumption of oil exports...
AUD/USD Price Action Forecast The AUD/USD pair is experiencing downward pressure around the 0.6400 level following the release of the SP Global PMI data for February in the US. Although market participants deemed the government’s tariff agenda-less...
EURJPY EURJPY outlook: The EUR/JPY pair has been influenced by multiple factors, including the monetary policies of the European Central Bank (ECB) and the Bank of Japan (BoJ), as well as broader global economic conditions. The European economy is...
Market Analysis of GBPJPY: Bearish Outlook Current Price Action The GBPJPY currency pair is currently trading at a price of 188.60, which positions it below the daily Moving Average. This indicator is significant as it reflects the average price...