The euro continues to drop as inflation in the Eurozone slowed, adding pressure on the currency. Similarly, the British pound shows slight gains, though economic uncertainty and the BoE’s cautious stance affect momentum. The Japanese yen weakens as Fed Chair Powell’s cautious approach to rate cuts bolsters the U.S. dollar, while Japan’s new prime minister shifts tone on monetary policy. Meanwhile, gold sees some buying support but remains below recent […]

The euro holds steady as Germany’s inflation eases, reflecting broader eurozone trends, while the British pound gains support amid mixed UK data. The Japanese yen surged following unexpected political changes, signaling potential shifts in the Bank of Japan’s policy. Meanwhile, the New Zealand dollar climbs on strong business confidence, reinforcing expectations of further rate cuts by the RBNZ. Gold prices dip, influenced by a stronger dollar and quarter-end flows, though […]