The NZD/USD currency pair displayed a lack of clear direction in early European trading on Wednesday, trading near the 0.5630-0.5625 level. This indecision stemmed from a cautious market mood ahead of the release of the FOMC meeting minutes, which...
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Strong morning ISM and JOLTS surveys were followed by an average bond auction this afternoon. The auction showed below-average demand for US Treasuries, which could signal concerns about continued deficits and the potential for inflation to pick up...
Date: 8th January 2025. Global Market Update: Inflation Concerns Weigh on Stocks, Bitcoin Drops Below $100K, Gold Holds Steady. Financial Markets Performance: *The US Dollar rallied to 108.65 with next immediate resistance at 108.85 *The EURUSD...
GBP/USD Price Movement Update The movement of GBPUSD this time is quite interesting, yesterday's quite strong buyers are not visible again today. It seems that buyers are making a profit after failing to bring the price up and break the resistance...