The Bank of England (BoE) has issued a cautionary note regarding the inflationary risks posed by Chancellor Rachel Reeves' expansive Autumn Budget, signaling that it may adopt a more measured approach toward rate cuts in 2025. This contrasts with...
USD/CHF Technical Analysis: USD/CHF is trading around 0.9170, showing some strength after bouncing off support near 0.9140. The pair is still in a mild uptrend, with the 50-day SMA acting as support and the 200-day SMA around 0.9100 providing a...
Crude oil prices remain under pressure as a weak demand outlook and rising global economic risks weigh on market sentiment. Investors are closely watching the upcoming Q3 Gross Domestic Product (GDP) data from the Eurozone and the United States (US)...
USD/JPY Technical Analysis: USD/JPY is trading around 150.20, holding steady after testing key resistance at 150.50. The pair is still in an uptrend, with the 50-day SMA providing strong support near 149.50. The 200-day SMA at 147.80 reinforces the...
The latest US economic data, including the Producer Price Index (PPI) and Consumer Price Index (CPI), indicates easing inflationary pressures, reinforcing expectations that the Federal Reserve (Fed) could maintain a dovish stance with potential rate...
