Bank of Japan (BoJ) Governor Kazuo Ueda recently reaffirmed the central bank’s commitment to gradually raising interest rates from their historically low levels if the economy and inflation evolve in line with expectations. Despite maintaining the...
Investors are keenly awaiting the release of the US Consumer Price Index (CPI) data, which is expected to shape market expectations for the Federal Reserve’s upcoming interest rate decisions. Current estimates suggest steady monthly growth of 0.2%...
The Australian dollar made a strong recovery, recovering most of its losses from the previous session's decline. Currently, it seems that it is determined to break the critical level of 0.63. However, the real test awaits us at the level of 0.6350,...
BTC/USD Technical Analysis and Sentiment Overview The BTC/USD price is currently in a downtrend. Earlier today, it reached 102640 before quickly reversing and falling. At the time of writing, it is trading at 97402, which has broken below the key...
The currency pair has risen sharply, reaching near 1.0440, fueled by a weakened US Dollar (USD) and the Euro’s (EUR) sustained performance. This surge comes on the back of strong Eurozone economic data, which have tempered expectations for...
