The Reserve Bank of New Zealand (RBNZ) recently justified its rate cuts by citing a challenging economic outlook and subdued inflation, which has now returned to the central bank’s target range of 1% to 3%. Earlier this year, the RBNZ lowered the...
EUR-GBP PAIR REVIEW The EUR-GBP market showed a slightly aggressive movement in Monday's trading. The price had moved below its daily open which opened yesterday morning at 0.8295. Below this area, the EMA 633 H1 and EMA 200 H1 crossed with their...
Forecast of Crude Oil Crude Oil's price increased throughout the first two trading sessions yesterday, but it abruptly dropped during the New York trading session due to significant bearish momentum, and it formed a robust bearish engulfing candle....
Currently, USD/CHF is experiencing a period of consolidation, marked by a tug-of-war between the U.S. Dollar's weakening and the Swiss Franc's strengthening, which is largely driven by global economic conditions and investor sentiment. The Swiss...
The Swiss franc is higher for the third trading day in a row. In the European session, USD/CHF is currently trading at 0.9038, down 0.09% on the day. Soft CPI Cements SNB Rate Cut The rate of inflation in Switzerland continues to fall, causing...
