Market Fundamentals: A stronger Producer Price Index (PPI) from Japan has increased the likelihood of further monetary tightening by the Bank of Japan (BoJ), which, along with ongoing geopolitical risks, continues to support the safe-haven Japanese...
AUD/USD As of today, March 3, 2025, the AUD/USD pair is showing some signs of recovery after a sharp decline. Over the past six trading sessions, the Aussie has dropped about 3%, but it's currently up 0.71%, trading around 0.6203. Technical...
EUR/USD As of today, March 3, 2025, EUR/USD is showing bearish momentum, currently trading around 1.0375. The pair has struggled to maintain its upward channel, suggesting further downside risk. If it breaks below key support at 1.0280, we could...
Market Fundamentals: While the Governor expressed moderate confidence that inflation will return to the bank's 2% target, she also acknowledged that upside inflation risks had eased but were not entirely gone. When asked about the possibility of a...
Let's focus on analyzing the live EUR/ USD currency pair pricing in our discussion. I allow for continued growth to resistance at 1.0455. The average moving line of the hourly period is also there. If the price bounces off the moving line, it will...