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 currency pair experienced a lackluster performance on Monday, testing the limits of the 1.2550 threshold before succumbing to downside pressure. By the close of the session, the pair had dipped approximately 0.2%, settling around the 1.2490...
EUR-GBP PAIR REVIEW The EUR-GBP market showed a slightly aggressive movement in Monday's trading. The price had moved below its daily open which opened yesterday morning at 0.8295. Below this area, the EMA 633 H1 and EMA 200 H1 crossed with their...
The Reserve Bank of New Zealand (RBNZ) recently justified its rate cuts by citing a challenging economic outlook and subdued inflation, which has now returned to the central bank’s target range of 1% to 3%. Earlier this year, the RBNZ lowered the...
The EUR/JPY currency pair has recently shown resilience, climbing to 164.25 during early European trading on Tuesday with a 0.32% daily gain. This move reflects the broader divergence between the Eurozone’s proactive monetary policies and Japan’s...