Market Fundamentals: While the Governor expressed moderate confidence that inflation will return to the bank's 2% target, she also acknowledged that upside inflation risks had eased but were not entirely gone. When asked about the possibility of a...
The Australian Dollar (AUD) experienced a modest recovery against the US Dollar (USD) on Monday, with AUD/USD climbing back to the 0.6250 region after enduring six consecutive days of losses. This rebound was largely driven by a broader pullback in...
GBPUSD Daily Outlook The GBP/USD pair is currently trading near the 1.27048 level and is trading within the ascending channel that has been formed since mid-January. Recent price action indicates strong momentum and the currency pair is trying to...
The main events by the morning: March 3 The bitcoin exchange rate went up sharply after Trump's words about the creation of the US crypto reserve. The American president said that the new reserve will include bitcoin, ethereum, XRP, solana and...
The New Zealand Dollar (NZD) faced increased selling pressure in recent sessions, declining to a low of 0.5587 before stabilizing. Despite being in oversold territory, technical indicators suggest that further downside pressure is diminishing. The...