Market Fundamentals: The Australian economy is projected to have grown by 1.1% annually, with GDP figures playing a pivotal role in shaping the trajectory of the Australian Dollar (AUD). As a key economic indicator, the GDP data highlights the...
Market Fundamentals: OPEC+ has maintained significant production cuts in recent years, amounting to 5.86 million barrels per day (bpd), to stabilize oil prices amid sluggish global demand. Analysts estimate that Saudi Arabia holds the capacity to...
GBP/USD Market Outlook Greetings and Good Morning guys! Yesterday was very helpful for the sellers of GBP/USD. They had crossed the 1.2422 zone successfully. Today, we can open a buy order with a short target of 1.2478 ahead. Overall, traders...
$108 billion per day: how DeepSeek's success brought down the fortunes of billionaires The fortune of the 500 richest people in the world decreased by $108 billion in one day due to the sale of shares in the technology sector caused by the success...
EUR/USD I would like to start my analytical forecast for the EUR/USD pair with the daily chart. It shows a narrow downward price channel, which was formed earlier after a rebound from the local maximum of 1.1210. Then we saw a decline to 1.0180,...
