Crofts

NZD/USD dips 0.30% on Monday, trading near 0.5640 amid renewed downside pressure. The pair is testing support at the 20-day SMA, a key threshold for short-term direction. RSI declines in negative territory, while MACD histogram shows weakening bullish momentum. The NZD/USD pair saw a mild decline on

GBP/JPY extends its losses due to rising expectations of the BoE delivering a 25 basis points rate cut on Thursday. The BoE’s MPC is expected to vote 8-1 in favor of a quarter-point rate cut, bringing the rate down to 4.5%. The robust wage and services data in Japan has bolstered hawkish sentiment s

The European Central Bank has cut interest rates again by 25bp and looks set to continue the current rate cut cycle. Even without having it fully telegraphed in recent weeks, today’s ECB decision to cut policy interest rates by 25bp is no surprise. Despite somewhat stickier headline inflation, the s

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the January policy meeting and responds to questions from the press. Key quotes "The economy is set to remain weak in the near term." "Manufacturing continues to cont