Technical Analysis of EUR/USD: Key Levels and Strategies Current Market Overview: The EUR/USD market is currently trading around 1.0410 after touching an intraday high of 1.0445. On the hourly chart, the price remains below the 100 simple moving...
Analysts predict a cautious reduction in Fed rates in 2025 Analysts expect the US Federal Reserve to cut rates by 25 bps in June and September 2025, which will eventually amount to 50 bps. At the last meeting, the regulator reduced the rate by 25...
The Australian dollar opened the trading session on Monday with a mild attempt at recovery, but quickly gave up its gains and continued to hover near the critical support level of 0.62. This zone has proven to be crucial and a decisive break below...
The Japanese Yen struggles to capitalize on Friday’s modest recovery gains against the US Dollar. Doubts over BoJ’s rate hike plan and elevated US bond yields weigh on the lower-yielding JPY. Traders now look to the US Consumer Confidence Index for...
