New Zealand’s central bank, led by Governor Orr, has signaled further interest rate cuts, with an expected 50 basis points (bps) reduction by mid-July. However, he indicated that the era of larger-than-usual rate cuts is over, with the Reserve Bank...
ANALYSIS OF GBP/USD PAIR. In the 30-minute timeframe of GBP/USD, the market has recently demonstrated a high level of volatility marked by a sharp rally followed by a swift and aggressive decline. Initially, the pair traded within a relatively...
EUR/USD 4-Hour Technical Analysis Support 1: 1.09194 Support 2: 1.08776 Resistance: 1.11448 Timeframe: 4-Hour Chart EUR/USD remains in a consolidation phase, hovering within a defined range as traders digest recent economic data and anticipate...
The price of West Texas Intermediate (WTI) crude oil futures, traded on the New York Mercantile Exchange, experienced a significant and continuous decline, triggered by US President Donald Trump's announcement of reciprocal tariffs. This policy move...
In the early Asian trading session on Monday, the US West Texas Intermediate (WTI) crude oil benchmark faced significant downward pressure, trading around $60.30 per barrel. This decline represented a slide to levels not witnessed since April 2021,...