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AUD/USD Poised for Potential Rise Amid RBA’s Cautious Stance
By RoboForex Analytical Department The AUD/USD pair shows signs of potential resurgence as it trades near 0.6802, consolidating within a sideways range at its local peaks towards the end of August. The Australian dollar has appreciated by almost 4% over the month, bolstered by high consumer price index figures that underline persistent inflationary pressures in…
GBPNZD Short Term Forecast Update And Follow Up
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! GBPNZD short term forecast update and follow up is here. On December 5th, 2024 I shared this “GBPNZD Short Term Forecast And Technical Analysis” post in our blog. In this post, let’s do a…
Hormuz closure threatens the global food supply – why grocery price hikes are coming
By Aya S. Chacar, Florida International University The global energy crisis caused by the closure of the Strait of Hormuz is only the beginning of the economic cost of the war with Iran. I study how institutions affect businesses and supply chains, and I expect food prices to rise next, with high prices lasting even…
AUDCAD Bulls Stay in the Driver’s Seat – Action Forex
AUDCAD rebounds and breaks above 0.9125 Overall, it remains above a prior upside channel The advance may continue towards the 0.9230 zone A dip below 0.9000 could signal a bearish correction AUDCAD rebounded strongly on Tuesday, extending its recovery above the key resistance zone of 0.9125. Overall, the pair is trading above the upper bound of…
Altice USA Drops MSG Networks From Optimum Lineup Amid Pricing Dispute
Altice USA has decided to remove MSG Networks from its Optimum channel lineup in the tri-state area, according to a statement released by Sphere Entertainment Co. on Wednesday. The carriage agreement between Optimum and MSG Networks expired at midnight on December 31, 2024. In a statement, MSG Networks expressed, “In an attempt to rehabilitate their…
EUR/USD rebounds as risk-on mood weakens Dollar, eyes weekly range | FXStreet
The Euro found some respite on Friday versus its counterpart the Greenback, which enjoyed a short-live rally of just two days, but erased Thursday’s gains on Friday as depicted by the US Dollar Index (DXY). A risk-on impulse weighed on the Dollar’s safe-haven appeal, while an uneventful ECB monetary policy decision on Thursday, left traders…
