Market Fundamentals: French President Emmanuel Macron issued a strong warning that the European Union (EU) would retaliate if its commercial interests were jeopardized, signaling a firm stance against potential trade conflicts. "If our commercial...
Market Fundamentals: Market sentiment surrounding the U.S. dollar (USD) remains closely tied to the Federal Reserve’s evolving rate outlook. BMO’s Scott Anderson underscored the Fed’s increasingly cautious tone, stating that “higher-for-longer...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Hello and welcome to all fellow traders and friends. Today, we can notice an upturn scenario in the forex market. NZD/USD is trading at 0.5820 at the time of writing. NZD/USD is currently showing a...
Based on the H4 timeframe analysis, it is evident that the EUR/USD currency pair is in a solid bullish trend. The price has successfully broken through a significant resistance level at 1.13612 and has formed a higher high, which confirms the...
Market Fundamentals: Japanese Prime Minister Shigeru Ishiba is preparing for his first high-level meeting with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, signaling a potential thaw in...