Australian Dollar Struggles to Find its Footing
The AUDUSD currency pair experienced a notable shift in momentum last week, marking its first weekly gain after five consecutive weeks of advances. Despite this, the Australian Dollar has faced…
Author: Nontobeko Mlotshwa
The AUDUSD currency pair experienced a notable shift in momentum last week, marking its first weekly gain after five consecutive weeks of advances. Despite this, the Australian Dollar has faced…
The USDJPY currency pair lost some ground early on Tuesday despite Japan unexpectedly falling into a recession. Japanese GDP statistics revealed -0.1% quarter-on-quarter growth, falling below the 0.3% consensus from…
WTI Crude Oil (NYMEX: CL) faced a significant decline, dropping to around $76 per barrel on February 15, 2024, following the release of official data indicating a massive 12 million…
The S&P500 Futures (CME: ES) have recently experienced a shift in momentum after a remarkable streak of five consecutive weeks of gains. This week, however, marked a potential turning point…
The S&P 500 Index Futures (CME: ES) are attempting to bounce back after a hefty 1.37% tumble on Tuesday, triggered by hotter-than-expected inflation data. While the year-on-year inflation rate eased…
Bitcoin (BTCUSD), the leading cryptocurrency, has showcased remarkable resilience amid pressures from a robust Greenback, diverging from the typical behaviour of other risk assets. Surging by 21% year-to-date, Bitcoin's market…
Following the announcement of US inflation data yesterday, the EURUSD currency pair has predictably faced downward pressure. US inflation rose to 3.1% year-over-year, surpassing the anticipated 2.9%, albeit slowing from…