This Monday, 14 August, the major currency pair is hovering near 1.0940. The market is focused on the future actions of the Federal Reserve System. Last weekend, major US investment houses made their forecasts on the prospects of the interest rate. The Federal Reserve is expected to start bringing the rate down by June 2024, […]
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EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes. The Federal Reserve signalled a potential pause in rate cuts if inflation reaccelerates but also indicated readiness to continue Read more…
A higher beta CAD/JPY cross pair can be considered as a macro theme play in line with a potential risk-averse environment triggered by Trump’s trade tariffs. Technical analysis suggests a potential new medium-term downtrend phase Read more…
The New Zealand dollar has ended a five-day losing streak on Wednesday. In the European session, NZD/USD is trading at 0.5887, up 0.9% on the day. RBNZ chops rates by 50 basis points The Reserve Read more…