Australia's largest trading partner, saw its top leaders and policymakers contemplate allowing the Chinese Yuan to depreciate in response to anticipated sharp hikes in U.S. tariffs, according to Reuters. Meanwhile, China's Trade Balance (CNY) rose...
The NZD/JPY currency pair is currently experiencing a phase of potential decline, with projections indicating a drop of approximately 45 to 66 pips. This expectation is derived from a combination of technical indicators and resistance levels,...
BTC/USD Technical Analysis and BTC/USD Forecast Bitcoin is in a downtrend and trying to gain bullish momentum. It is currently trading at 94552 and facing challenges at key support and resistance levels. The BTC/USD market attempted to break below...
Switzerland’s State Secretariat for Economic Affairs (SECO) has revised its economic growth forecasts, now expecting the Swiss economy to expand by 0.9% in 2023, down from the previous estimate of 1.2%. For 2024, growth is projected at 1.5%,...
EURUSD Daily Technical Analysis EURUSD is currently trading around 1.0482, showing a mixed price action after a significant downtrend. The pair is testing key resistance levels while maintaining a neutral RSI (Relative Strength Index) reading of...