The EUR/USD pair experienced a decline during Friday's North American trading session, falling to approximately 1.0460. This downward movement was largely attributed to the release of the preliminary Hamburg Commerzbank (HCOB) Purchasing Managers'...
Deputy Governor of the People’s Bank of China (PBOC), reaffirmed the central bank’s commitment to maintaining the Yuan at a stable and balanced level. He highlighted plans to strengthen counter-cyclical policy adjustments and mitigate excessive...
As I analyze the current market situation, I observe that the week has concluded with sellers maintaining their dominance, leaving buyers with little opportunity to recover. I note that trading finished near a critical support zone, a level from...
US West Texas Intermediate (WTI) crude oil prices displayed a period of consolidation during Friday's Asian trading session, maintaining a narrow trading range and consolidating gains accumulated over the preceding four days. The commodity is...
The price remains under pressure as the RBA's dovish policy stance continues to weigh on investor sentiment. In its latest monetary policy statement, the RBA expressed increased confidence that inflation is trending toward its 2%-3% annual target,...