The US Dollar has remained notably resilient in recent weeks, fueled by expectations that the Federal Reserve may ease interest rates in its upcoming meeting. Speculation of a 25 basis point rate cut in November has shifted market sentiment, causing...
Although the US Producer Price Index (PPI) came in weaker than expected, the core PPI data showed a slight year-over-year increase, highlighting that inflationary pressures in the US are still persistent. This has helped maintain strong demand for...
The Australian dollar continued its downward trajectory overnight, reflecting ongoing currency struggles. While the current level may appear attractive to some retailers due to its historical support, broader economic challenges are emerging,...
Global tensions continue to weigh heavily on investor sentiment, driving a preference for safer assets like the US Dollar. At the same time, the Eurozone faces an uncertain economic outlook, with sluggish growth and persistent high inflation posing...
USD/JPY Technical Analysis, Outlook and Forecast The USD/JPY market continues to trade in a bullish trend, currently hovering around 153.92. Today, the GBP/USD market tested the support level at 153.30, which corresponds to the 100 simple moving...
