•••NZD/USD Update: Market Moves for January 7, 2025••• • The NZD/USD currency pair is catching attention today, holding steady around 0.5642, with a slight upward movement compared to the previous session. It’s clear that the U.S. dollar is still...
•••EUR/JPY: Today’s Market Moves and What Traders Should Know(January 7,2025)••• • The EUR/JPY pair has been on an intriguing path lately, catching the attention of traders who thrive on volatility. Currently, the pair is trading just under 164.31,...
•••Crude Oil Market Update – January 7, 2025: A Day of Uncertainty••• • Crude oil prices have hit a bit of a bump in the road today, with West Texas Intermediate (WTI) trading at around $73.46 per barrel. After a few solid days of gains, the market...
West Texas Intermediate (WTI) crude oil futures traded around $71.60 on Thursday, following a slight uptick driven by a decline in US crude oil inventories. The American Petroleum Institute (API) reported a draw of 1.442 million barrels in US crude...
Market Fundamentals: Bank of England (BoE) Governor Andrew Bailey opened a busy week of public appearances with remarks reflecting on recent financial stability risks. While largely adhering to well-trodden commentary, Bailey did express some regret...