EUR/GBP remains stronger after the widely expected ECB’s 25 basis point rate cut on Thursday. The ECB reiterated its commitment to stabilizing inflation at its…
WTI price may struggle as the Organization for Economic Co-operation and Development has revised down forecasts of the global economy. The OECD has cut down…
US Dollar Index rebounds from Monday’s five-week low of 98.70. The Greenback appreciates as 10- and 30-year US Treasury yields are trading lower at 4.46%…
AUD/JPY may face challenges due to the rising odds of further rate cuts by the RBA. RBA Governor Michele Bullock called the rate cut decision…
WTI price weakens amid oversupply fears following potential Russia-Ukraine ceasefire talks. President Trump stated that Ukraine and Russia are preparing to begin immediate ceasefire negotiations,…
AUD/JPY may depreciate as the Japanese Yen strengthens, shrugging off weaker domestic data. Japan’s preliminary Q1 2025 GDP showed a 0.2% quarterly contraction and a…
USD/CHF could come under pressure amid rising expectations of additional monetary easing by the Swiss National Bank. The Swiss Franc’s safe-haven appeal may weaken as…
WTI price steadies after surging nearly 4% on Thursday. Easing trade tensions between major Oil consumers provides support for the Oil. Oil prices face headwinds…
AUD/USD may lose its ground amid the Federal Reserve’s cautious policy outlook. The Fed kept interest rates unchanged at 4.25%–4.50%, while highlighting increasing risks tied…
EUR/USD may revisit the April 21 high of 1.1573, marking its strongest level since November 2021. The RSI remains above the 50 level, reinforcing the…