USD/ CHF is trading around the 0.9200 position, holding steady as the Swiss franc faces ongoing pressure from the stronger U.S. bone . The primary motorist of the bone ’s strength remains the Fed’s hawkish station. Despite the slightly weaker- than-...
Elon Musk eyes blockchain to cut government spending Elon Musk, CEO of Tesla and SpaceX, is reportedly considering implementing blockchain technology into the government payment system. Quite an ambitious move! Currently, Trump's advisory group,...
Difference between Bulish Vs bearish patterns Bullish Patterns A bullish pattern indicates a potential increase in asset prices. Here are some common bullish patterns: 1. Double Bottom This pattern resembles the letter "W." It forms after a...
NZD/USD Market Outlook Greetings and Good Morning to everyone! Yesterday, the Federal Funds Rate remained at 4.50%, which resulted in a relatively stable market without significant volatility. However, today’s release of the US Core PCE Price Index...
January 31, 2025 NZD/USD stages a modest recovery from over a one-week low amid subdued USD demand The NZD/USD currency pair is exhibiting bearish tendencies. The pair is trading near 0.5645, approaching the 20-day Simple Moving Average (SMA), a...
