The outlook for gold remains closely tied to expectations surrounding U.S. monetary policy. With market participants speculating on a potential interest rate cut by the Federal Reserve, there is growing optimism that this could provide support for...
AUD/USD managed to regain the smile and challenged the key 0.6500 hurdle on the back of the knee-jerk in the US Dollar and ahead of key data releases in Australia and the US labour market On the technical front, the AUD/USD faces resistance at...
The EUR/USD currency pair continued its downward trajectory on Tuesday, edging closer to the 1.0500 level. This decline follows a failed attempt to rally towards 1.0600. While several EU economic indicators are scheduled for release on Wednesday,...
The GBP/USD pair is currently at a crucial turning point, with technical indicators providing mixed signals. The Stochastic %K (14, 3, 3) is neutral at 66.67, suggesting the market is neither overbought nor oversold. However, the Stochastic RSI Fast...
Investors will closely watch upcoming U.S. economic releases, particularly the Producer Price Index (PPI), which is expected to show a 1.6% year-over-year (YoY) increase in the headline figure, with the core PPI likely rising by 2.7% YoY. If the...
