Market Fundamentals: The Bank of Japan (BoJ) Governor Kazuo Ueda recently emphasized that any adjustments to monetary policy will depend on economic, price, and financial conditions. He hinted that the BoJ might not wait for external risks to...
Crude Oil Price Action Forecast The Crude Oil price behavior analysis is a matter for discussion. Opening the weekly oil chart reveals a prolonged sideways wedge within which crude oil has been trading for an extended period. Currently, black gold...
Market Fundamentals of the EUR/USD: This week, market participants will closely monitor speeches from several Federal Reserve (Fed) officials for insights into the central bank’s potential monetary policy decisions. Current projections, as indicated...
Market Fundamentals: The Bank of Canada (BoC) announced another substantial interest rate cut, reducing its benchmark rate by 50 basis points to provide relief amid mounting economic pressures. With Canada’s unemployment rate climbing to multi-year...
GBP/USD Trend Analysis Today's focus is on the analysis of the price movements of the GBP/USD currency pair. The upward momentum of the British pound has stalled. After a rebound from 1.2522, the GBP/USD pair reversed and began a significant...