The British pound experienced a decline in North American trading, falling below the 1.2500 level. This downward movement, amounting to over 0.48% or 60 pips, was primarily driven by positive economic indicators from the United States. A key factor...
The outlook for the pair remains bearish in the short to medium term, as the pair is entrenched in a downtrend defined by lower highs and lower lows. A variety of key factors are influencing this trajectory, including U.S. inflation data, Federal...
Despite growing expectations that the Federal Reserve (Fed) will continue cutting interest rates in response to signs of weakness in the U.S. labor market, traders have largely priced out the possibility of more aggressive policy easing. This has...
In the coming weeks, economic data will be pivotal in determining the direction of oil prices. Of particular importance are the weekly reports from the U.S. Energy Information Administration (EIA) and the American Petroleum Institute (API), which...
The New Zealand Dollar (NZD) is facing ongoing headwinds, driven by weak domestic economic conditions and the Reserve Bank of New Zealand’s (RBNZ) easing measures. These cuts reflect the central bank’s efforts to stimulate growth, but their...
