The recent US inflation report has presented a mixed picture for the Federal Reserve, casting a shadow over the outlook for the GBP/USD currency pair. While consumer spending demonstrated robust growth, signaling a healthy economy, inflation...
The potential for further interest rate cuts from the Reserve Bank of New Zealand (RBNZ) is weighing heavily on the Kiwi, while geopolitical tensions, particularly the ongoing US-China trade dispute, are creating a climate of uncertainty that is...
The bullish momentum enjoyed by the euro experienced a setback on Tuesday, pushing the EUR/USD pair below the 1.0500 level. This decline coincided with market anticipation for the Federal Reserve's final interest rate decision of 2024, scheduled for...
The currency pair is currently trading within a defined range, struggling to gain significant upward traction. While there have been some signs of stabilization after a recent dip, the pair continues to encounter strong resistance levels. This...
The future direction of the price will be heavily influenced by upcoming economic data. The recent pause in the Dollar's rally underscores the importance of key indicators such as inflation, employment, and GDP growth. Strong data could reignite...
