The Federal Reserve's (Fed) recently released meeting minutes indicate an increasing willingness among members to consider interest rate cuts, with some even favoring a 0.25% reduction in July. While this move was ultimately rejected, the majority...
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...
Australia's inflation figures for Q3 have shown a notable easing, with the quarterly Consumer Price Index (CPI) rising just 0.2% and 2.8% annually, marking the slowest pace in over three years and bringing inflation back within the Reserve Bank of...
Recent domestic challenges within the Eurozone, particularly in key member states, have put pressure on the Euro’s appeal. The collapse of Germany’s three-party coalition has coincided with a period of economic struggle. While Germany managed to...
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...