
FxWirePro: AUD/ USD neutral in the near-term, scope for downward resumption
Jan 08, 2025 05:51 am UTC| Technicals
The AUD/USD eased slightly on Wednesday after data showed slowdown in Australian core inflation reinforced expectations of a potential interest rate cut as early as February. Underlying inflation dropped to 3.2% in...

FxWirePro: EUR/AUD range bound short term, primary trend still bullish
Jan 07, 2025 22:34 pm UTC| Technicals
EUR/AUD retreated on Tuesday as investors digested a slew of economic data that painted a mixed picture of the Eruozones economic health. Euro zone inflation accelerated in December, an unwelcome but anticipated blip...

FxWirePro: EUR/NZD uptrend stalls, momentum needed to sustain gains
Jan 07, 2025 21:51 pm UTC| Technicals
EUR/NZD is struggled to make bullish headway on Tuesday as investors digested a slew of economic data that painted a mixed picture of the regions economic health. Investors assessed a range of economic data, presenting...

FxWirePro: GBP /AUD stuck in range but maintains bullish bias
Jan 07, 2025 21:31 pm UTC| Technicals
GBP/AUD initially dipped but regained ground as the market awaited global economic data to assess the outlook for monetary policy. The Bank of England has been reducing the bank rate by 25 basis points quarterly since...

FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
Jan 07, 2025 21:18 pm UTC| Technicals
GBP/NZD after initially falling the pair recovered some ground as investors waited economic data from around the globe to gauge the monetary policy outlook. Most investors anticipate the Bank of England will cut...

FxWirePro: USD/CAD steadies above 1.4350, retains bid tone
Jan 07, 2025 19:05 pm UTC| Technicals
USD/CAD edged higher on Tuesday after economic data showing a generally stable jobs market and a still robust services sector. Data showed that U.S. job openings unexpectedly increased in November, although hiring...