NZDUSD Forecast: RBNZ Expected to Cut Rates by 50 BP
The Reserve Bank of New Zealand (RBNZ) is set to hold a meeting next week, with expectations running high for a significant 50 basis...
US Dollar Strengthens as Focus Shifts to CPI Inflation – Weekly Preview
The US dollar made a strong comeback this week due to positive economic data and safe haven flows after tensions in the Middle East....
Iran Leader Khamenei’s Response to Israel Will Be Deliberate and Timely
Iran's Supreme Leader, Ayatollah Ali Khamenei, has responded to Israel's actions by stating that Iran's response will be deliberate and timely. This statement comes...
EUR/USD Three-Week Low: ECB Easing Expectations – Forex Market Update
The EUR/USD pair has dropped to 1.1027, hitting a three-week low due to expectations of the European Central Bank (ECB) continuing to ease monetary...
Bitcoin vs Gold: Standard Chartered’s Analysis on Safe Haven Assets
Bitcoin and gold are both considered safe haven assets, but they have distinct characteristics that appeal to different investors. In a recent analysis by...
USD/JPY Rally Resumes Ahead of US Nonfarm Payrolls Report
The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with...
ISM Services Index Surges in Forex Market Update
The US dollar strengthened as the ISM services report showed a significant increase, reaching its highest level since February 2023. However, there was a...
US Services Sector Sees Growth Surge in September – Action Forex
The US services sector experienced a significant surge in growth during the month of September, according to the latest ISM Services index. The index...
European Central Bank Likely to Cut Rates to 1% Due to Economic Factors
The European Central Bank is considering cutting interest rates to 1% due to current economic factors. This decision could have a significant impact on...
Sunset Market Analysis: Latest Updates and Insights for Forex Traders
Oil markets experienced significant volatility today, with Brent prices initially rising by 3.5% before settling at a 2.7% increase. This surge was in response...