Market Fundamentals: The Institute for Supply Management’s (ISM) Services PMI fell to a three-month low of 52.1, down from 56.0 in the previous month and below market expectations. This weaker-than-expected reading reflects a slowdown in the...
Market Fundamentals: The National Bureau of Statistics (NBS) provided an optimistic economic outlook during a recent press conference, stating that the economy remains stable with growing signs of positive momentum. Consumption continues to recover,...
Traders remain cautious ahead of U.S. President Donald Trump's speech at the World Economic Forum, as they await clearer announcements on tariffs. This uncertainty could heighten volatility across global financial markets and significantly impact...
Market Fundamentalsovish remarks from US Federal Reserve (Fed) officials could weigh on the Greenback, providing an upside for the New Zealand Dollar (NZD). Fed Governor Christopher Waller stated that the US central bank might implement multiple...
Currently, I observe that the pair is showing reluctance to close above the intermediate resistance levels, yet it is not displaying a strong downward momentum either. I notice that a short-term bearish trend has started to emerge, which I believe...
