Australian Dollar Eases Amid Softening US Dollar, Awaits Australian Consumer Confidence
The Australian Dollar (AUD) is rising as the week begins despite a slight dip in the US Dollar…
Read MoreUSD/JPY slipped to around 151.20 after the Bank of Japan’s Meeting Minutes were released.
The currency pair extends its decline as the Bank of Japan (BoJ) indicates a growing likelihood of achieving…
Read MoreQuiet Day in Asia with Mixed Stock Markets Following Previous Volatility
Summary: Asian markets experienced a calm day with varied performances in equities after a tumultuous week. The Nikkei,…
Read MoreGBP/USD Remains Firm Above 1.2600 Amid Anticipation of Fed and BoE Speeches
GBP/USD is holding steady above the 1.2600 level, trading around 1.2605 as the US Dollar weakens slightly. The…
Read MoreYen’s Decline Prompts Intervention, US Economy Shows Resilience, and European Stocks Surge
Following the Bank of Japan's decision to raise interest rates for the first time in 17 years, the…
Read MoreEUR/USD Maintains Position Above 1.0800 Amid Weakening US Dollar, Focus on US Data and Fed’s Bostic Speech
EUR/USD is holding above the 1.0800 mark as the US Dollar weakens, currently trading at 1.0816. This positive…
Read MoreWeekly Economic and Financial Commentary
Summary: United States: Housing Sector Boosts Economic Growth Despite Monetary Policy Shift Recent economic data reveals that the…
Read MoreGBP/USD: Scotiabank Predicts Potential Retest of 1.2500 Zone
According to analysis by economists at Scotiabank, GBP/USD continues to show weakness. The price movement of the pair…
Read MoreGold & Silver Anticipate Price Surge Amid Fed Uncertainty
Gold and silver prices are poised to climb higher as the Federal Reserve faces criticism for handling inflation,…
Read MoreEUR/USD Drops Below 200-Day Average Following Bundesbank President’s Remarks
EUR/USD dropped below its 200-day Simple Moving Average (SMA) after remarks from Bundesbank President Joachim Nagel hinted at…
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