The Spot price saw a slight upward movement during the early Asian session on Monday, reaching near 1.4270. This move was largely driven by the weakness of the US Dollar (USD) across the board. Investors remain on edge as they await more concrete...
Hello, EUR/USD is seen hovering around the 1.0500 level, unable to find a clear directional path. EU PMI data came in better than expected but still points to a contraction in the union. United States PMIs show a sharp contraction in the...
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...
The Kiwi pair remained under pressure during the Asian trading session on Monday, hovering around 0.5775. A mix of domestic and external factors continues to weigh on the New Zealand Dollar (NZD), with the expectation of another rate cut by the...
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,...
