The Reserve Bank of New Zealand (RBNZ) is expected to deliver a significant 75 basis point rate cut at its upcoming meeting, reflecting the extended interval between policy decisions. Markets have already fully priced in a smaller 50 basis point...
Price Action Price action refers to the movement of a security’s price over time and is a fundamental concept in technical analysis. It is the study of historical price movements to predict future market behavior without relying heavily on lagging...
Better-than-expected results from the US docket on Friday lend wings to the US Dollar and spark a corrective decline in EUR/USD to the area of daily lows near 1.0260.EUR/USD remains under pressure, with key support at 1.0176 (YTD low on January 13)...
USDCAD USD/CAD outlook: As of January 19, 2025, the USD/CAD currency pair is showing intriguing movement, with the U.S. dollar holding strong due to solid economic data, while the Canadian dollar is displaying resilience. Here's a breakdown of...
Markets are fully pricing in at least a 25 basis point (bps) rate cut by the Federal Reserve at its next meeting, with the probability of a 50 bps cut slightly easing to 29.0% from 30.0% a week earlier. Alongside the Fed’s anticipated policy move,...
