The Australian economy is currently facing a period of significant uncertainty, with various factors influencing the outlook for the Australian Dollar (AUD). While the Reserve Bank of Australia (RBA) has maintained an aggressive stance on inflation,...
EUR/USD Fundamental Analysis: As I look at the EUR/USD pair today, there are several key factors influencing the market. The U.S. economy continues to send mixed signals, especially with inflation and the Federal Reserve's interest rate policies....
GBP/USD moved higher on Monday after falling 1% last week. In the European session, GBP/USD is trading at 1.2747, up 0.30% on the day. Services in the UK are improving, ticket production UK services PMI rose to 51.4 in December from 50.8 in...
Technical outlook: Gold price Gold prices increase despite a slight rise in the US Dollar following mixed PMI data. Investors await the Fed’s interest rate decision and economic projections, expecting a 25 bps cut on Wednesday. The market speculates...
USD/CAD From my perspective, USD/CAD seems to be consolidating around the 1.3700 level. I’ve noticed strong support at 1.3650 and resistance at 1.3750, keeping the pair in a relatively tight range. The pair is still trading above both its 50-day...
