The UK economy showed signs of contraction in the latest data released by the Office for National Statistics (ONS). The country’s Gross Domestic Product (GDP) unexpectedly shrank by 0.1% month-over-month, falling short of the anticipated 0.1%...
The Australian Dollar (AUD) continues to exhibit signs of weakness against the US Dollar (USD), weighed down by persistent bearish sentiment and broader risk-off dynamics in the market. Following a sharp decline late last week and into Monday, price...
The Bank of Japan (BoJ) has recently raised its key borrowing rate by 25 basis points (bps) to 0.5%, responding to sustained inflationary pressures that remain well above its 2% target. This decision comes as Tokyo's core Consumer Price Index (CPI)...
Rising trade tensions between the European Union (EU) and the United States are creating significant uncertainty in the markets, with the Euro facing mounting challenges. German Chancellor Olaf Scholz has warned that the EU is prepared to respond...
General Points about NZDUSD: So far, NZDUSD has broken below the 0.5560 level, showing continued pressure from sellers in recent sessions. The morning’s key events, including New Zealand’s Cash Rate announcement and the Reserve Bank of New Zealand’s...
