Market Fundamentals: The Federal Reserve’s upcoming press conference and release of the Summary of Economic Projections, commonly referred to as the “dot-plot,” are pivotal events that will command the attention of global markets. These updates come...
UK Chancellor of the Exchequer Rachel Reeves recently unveiled a £40 billion tax increase aimed at addressing a significant gap in public spending left by previous Conservative governments. A major component of this tax rise will come from increased...
From a technical perspective, the EUR/USD has been trading within a descending pitchfork formation extending from the September 2024 highs. The pair recently rebounded off the lower parallel of this formation, with initial support identified at the...
$108 billion per day: how DeepSeek's success brought down the fortunes of billionaires The fortune of the 500 richest people in the world decreased by $108 billion in one day due to the sale of shares in the technology sector caused by the success...
AUD/USD extended its negative start to the week and dropped to five-day lows near 0.6230 on the back of the strong resurgence of the buying pressure in the US Dollar and rising threats of US tariffs.The technical setup for AUD/USD is sending mixed...
