The Australian Dollar Gains Value as Increased Consumer Prices Reduce Chances of RBA Rate Cuts: Recently, the Australian Dollar (AUD) has gained strength due to rising consumer prices. This rise, known as inflation, is when the cost of goods and...
The price of gold (Xau/USD) hovered around $2330 on Tuesday, mirroring the mixed performance of Asian stock markets on Monday. Investor sentiment soured as technology stocks lost favor, leading to a decline in overall market morale. Interest rate...
The levels I mentioned were not tested in the second half of the day. Reports on the corporate services price index, the Bank of Japan's core consumer price index, and the leading economic indicators index led to a surge in volatility, but that was...
EUR/USD The German economic picture seems to be deteriorating due to weak demand predictions, which is why expectations are growing that the ECB will announce consecutive rate cuts. On Monday, data revealed that the German IFO Expectations Index...
EUR-USD PAIR ANALYSIS I will discuss the movement of the EURUSD currency pair, in the price movement the previous day this currency pair had moved approximately 50 pips, but the price had not been able to penetrate and close below support one which...