As the highly anticipated Federal Open Market Committee (FOMC) meeting approaches, traders are adopting a cautious stance, hesitant to make aggressive moves ahead of this key event. The U.S. Federal Reserve is widely expected to announce a rate cut,...
The British Pound (GBP) experienced a dip to two-week lows following a speech by Bank of England (BoE) Governor Andrew Bailey. Bailey’s comments, signaling a potential shift toward more aggressive interest rate cuts in response to subdued inflation,...
The Bank of Japan (BoJ) remains committed to maintaining accommodative monetary conditions, according to BoJ board member Asahi Noguchi. In a recent statement, Noguchi emphasized that while the central bank will likely adjust its monetary policy...
The Australian Dollar (AUD) is highly sensitive to global economic conditions, particularly the economic outlook for key trading partners like China and the United States. As a commodity-linked currency, the AUD tends to perform well when global...
H1 Timeframe Analysis of the Euro-Dollar Pair Today, let's look at the EUR/USD H1 chart. For now, sellers are winning and pulling the price downwards. The same scenario represents a bearish bias from traders, meaning further declines may soon be...
