AUD/USD Market Outlook Greetings and Good Morning to Everyone! The Australian Cash Rate and RBA Rate Statement couldn't bring any significant changes for the Australian buyers. Despite expectations, the recent announcements failed to provide the...
Gold prices continued their upward trajectory on Wednesday, reaching $2,711 per ounce, a 0.40% increase. This rise was primarily driven by the release of US inflation data, which reinforced expectations for a less aggressive interest rate hike by...
GBP/CAD Market Outlook Greetings and Good Morning to Everyone! The GBP/CAD market sentimelooksook in favor of buyers. Because the Canadian news events were not too good. Therefore, the market of GBP/CAD crossed the 1.8084 zone yesterday. Moreover,...
Consolidating around critical levels as market participants eagerly await fresh economic data and policy updates from the Federal Reserve (Fed) and the Bank of Japan (BoJ). A key driver of the pair’s price action is the stark divergence in monetary...
The U.S. inflation data remains a pivotal driver of market expectations regarding Federal Reserve policy, with significant implications for the AUD/USD pair. If inflation readings surprise to the upside, it could bolster the likelihood of further...
