Created on February 19, 2025 The Reserve Bank of New Zealand announced a third large rate cut of 0.50% earlier today while signaling the pace…
Created on February 19, 2025 My previous GBP/USD signal on 11th February was not triggered, as there was no bearish price action when the resistance…
US Dollar (USD) was a touch firmer amid hawkish Fedspeaks,, OCBC’s FX analyst Christopher Wong notes. Near term rebound risks not ruled out “Daly said…
Australian Dollar (AUD) is likely to trade in a range between 0.6330 and 0.6365. In the longer run, momentum remains strong; AUD could continue to…
AUD/USD attracts fresh buyers on Wednesday amid a modest USD weakness. The technical setup favors bulls and supports prospects for additional gains. Any slide below…
EUR/JPY depreciates as expectations grow that the BoJ will raise interest rates to tackle persistent inflation. Japan’s trade deficit increased to JPY 2,758.78 billion in…
The Pound Sterling attracts bids after the release of a hotter-than-expected UK inflation report for January. BoE’s Bailey expects the uptick in inflation won’t be…
European Central Bank (ECB) policymaker Fabio Panetta said on Wednesday, “signs of weakness in Eurozone economy are more persistent than anticipated.” Further comments We expected…
Silver turns positive for the third straight day and climbs to a fresh weekly high. The technical setup favors bulls and supports prospects for further…
NZD/USD rose despite RBNZ’s decision to lower the Official Cash Rate by 50 basis points from 4.25% to 3.75%. RBNZ Governor Orr indicated that the…