The resignation of Michael S. Barr as Fed Vice Chair for Supervision played a key role in this rally, as Barr has been known for his strict regulatory stance on banks engaging with and holding cryptocurrencies. His departure has eased concerns over...
West Texas Intermediate (WTI) crude oil futures, the benchmark for US crude, traded around $72.60 in post-settlement activity on Wednesday. WTI prices experienced a slight decline last week following a larger-than-anticipated increase in US crude...
NZD/USD is currently trading near the critical threshold of 0.5628, which serves as a decisive pivot level that could dictate the pair’s short-term trajectory. If price action remains above this level, a recovery towards higher resistance zones is...
EUR/NZD is trading under persistent selling pressure, with price action confirming the bearish momentum that has been building over recent sessions. The failure to reclaim the 1.8475 pivot level suggests that the pair remains structurally weak,...
NZD/USD continues to trade near a crucial decision point, with 0.5628 acting as a pivotal support level. If the pair holds above this threshold, a rebound scenario is favored, with the possibility of gaining between 34 and 48 pips. The technical...