NZD/USD has demonstrated resilience in maintaining its position above the pivot level of 0.5628, indicating that buyers are attempting to regain control. If this support holds, a rebound scenario is expected, with the potential for gains between 34...
European Central Bank (ECB) board member Piero Cipollone has emphasized the need for further interest rate cuts to support the fragile economic recovery in the Eurozone. He also pointed to potential new US trade tariffs as a factor that could...
The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
This is a follow-up analysis of my prior report Oil Prices Slide Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak? published on 13 January 2025. Click here for a recap.From a technical analysis standpoint, Brent has tapped into a key...
The Euro (EUR) continues to face downward pressure as expectations grow that the European Central Bank (ECB) will implement more aggressive rate cuts compared to the Federal Reserve (Fed). The ECB is anticipated to reduce rates by 25 basis points,...
