Market expectations for the Bank of Japan (BoJ) to raise interest rates at its upcoming monetary policy meeting have surged, with traders pricing in a 92% probability of a hike. If confirmed, this move would push short-term borrowing costs to levels...
On Tuesday, Australian confidence indicators presented a mixed picture, reflecting the ongoing economic challenges and cautious optimism among consumers and businesses. The Westpac consumer sentiment index edged up by 0.1% in February to 92.2...
The NZD/USD pair saw a modest uptick on Tuesday, gaining 0.31% to settle at 0.5655 as buyers sought to reassert dominance. The pair is currently challenging the 20-day Simple Moving Average (SMA) at 0.5650, a critical resistance level that has...
In January, crude oil experienced a strong initial rally but ultimately reversed its gains, facing significant resistance on the upside. This reversal can be attributed, in part, to the Trump administration's strategic objective of lowering crude...
The AUD/USD H1 chart exhibits a significant technical structure with key price levels, trend analysis, and indicator insights. The price is currently trading at 0.6296, testing a critical horizontal resistance level that has been drawn based on...
