Political instability within key Eurozone economies has further eroded the Euro's appeal, with Germany at the center of attention. The collapse of its three-party coalition government has come at a challenging time, as the nation narrowly avoided a...
The GBP/JPY currency pair continues to trade near a crucial pivot level of 192.46, which serves as an important determinant for future price action. If the pair maintains support above this level, the potential for a bullish rebound remains strong,...
The AUD/USD pair is navigating through a period of consolidation, with the possibility of a rebound that could see gains ranging between 41 and 57 pips. The pivot point at 0.6202 serves as a key reference level for traders looking to determine the...
NZD/USD continues to trade near a crucial decision point, with 0.5628 acting as a pivotal support level. If the pair holds above this threshold, a rebound scenario is favored, with the possibility of gaining between 34 and 48 pips. The technical...
The Federal Reserve has decided to keep the federal funds rate steady within the range of 4.25% to 4.50%, citing a resilient labor market and balanced economic risks. The central bank's slightly hawkish stance on inflation has led to modest gains in...