The Euro remains under significant pressure as economic concerns in Europe mount. Piero Cipollone, an Executive Board member of the European Central Bank (ECB), recently warned that Europe’s growth prospects are weaker than expected. His comments...
The outlook for the pair remains bearish in the short to medium term, as the pair is entrenched in a downtrend defined by lower highs and lower lows. A variety of key factors are influencing this trajectory, including U.S. inflation data, Federal...
Powell staged a sell-off: Nasdaq fell by 3.5%, bitcoin went below $100,000 At the last meeting, the Fed, as expected, cut the rate by 0.25%. This decision was taken into account by the markets in advance, but the revised forecasts for rates caused a...
NZD/USD had a miserable Wednesday, falling 2.3%. The pair reversed course on Thursday and is trading at 0.5659 in the European session, up 0.66% on the day at the time of writing. The New Zealand dollar is down sharply, down 10.8% since October 1st....
Economic uncertainty and potential shifts in U.S. policy continue to loom over GBP/USD, adding to the pair's volatility. Any changes in U.S. interest rates or fiscal policy could significantly impact the dollar's strength, influencing the exchange...
