The Reserve Bank of Australia (RBA) held the Official Cash Rate (OCR) steady at 4.35% during its final policy meeting of the year. RBA Governor Michele Bullock acknowledged that while inflationary pressures have somewhat eased, they remain a concern...
I observed that the EUR/USD pair initially bounced off the critical support level of 0.96615 on the weekly chart, coinciding with the European Central Bank (ECB) beginning its monetary policy tightening cycle. I noted that this action propelled the...
Bitcoin Price Update – February 8, 2025: Tracking the Market’s Next Move The Impact of Global Events on Bitcoin’s Price The global landscape has been anything but stable lately, especially with the ongoing trade tensions between the U.S. and China....
The USD/JPY H1 chart presents a clear downtrend over the observed period, with the price currently positioned at 151.41. The consistent decline from previous levels near 159.00 suggests strong bearish pressure, likely driven by fundamental or...
The US Dollar experienced a sharp unwinding of long positions following the latest Des Moines Register/Mediacom Poll, which revealed that Vice President Kamala Harris is leading former President Donald Trump by three points in Iowa—a state Trump won...
