Reserves at Fed Sink Below $3 Trillion to the Lowest Since 2020
The Federal Reserve’s total reserves have fallen below $3 trillion, marking the lowest level since the pandemic-induced liquidity surge of 2020. This decline highlights a pivotal shift as the central bank continues its quantitative tightening strategy to combat inflation. The current reserve levels underscore the balance sheet reductions initiated in mid-2022, which have steadily drained […]
EUR/USD kicks off 2025 with a fresh move to the downside
The EUR/USD pair started 2025 on a bearish note, slipping further amid cautious market sentiment. Traders remained focused on central bank policies, with the Federal Reserve’s hawkish stance supporting the U.S. dollar and exerting downward pressure on the euro. The pair dipped below key psychological levels, signaling potential volatility ahead. Analysts attribute the decline to […]
NZD/USD holds below 0.5600 on stronger US Dollar, eyes on US PMI data
The NZD/USD pair remains under pressure, trading below the critical 0.5600 mark as the US Dollar continues to gain strength. Market sentiment has been bolstered by robust US economic data, which has heightened expectations for Federal Reserve tightening, putting additional weight on the New Zealand Dollar. Investors are now closely watching the upcoming US PMI […]
GBP/USD plunges to new lows to kick off the new trading year
The GBP/USD pair dropped sharply as the first trading session of the year opened, reflecting market uncertainties surrounding the UK and US economies. Investors shed the pound amidst a strengthening dollar, driven by robust economic data and heightened expectations of further Federal Reserve rate hikes. This marked the pair’s lowest point in months, amplifying concerns […]
AUD/USD hung out to dry on familiar low end
The AUD/USD is testing the lower range of its recent trading channel, reflecting market skepticism and lingering concerns over global economic stability. As investors weigh risks, the currency pair has struggled to break free from its downward trajectory, inching closer to levels last seen during periods of heightened volatility. Renewed strength in the U.S. dollar, […]
EUR/USD Price Forecast: Sellers may pause ahead of the weekly close
The EUR/USD pair is stabilizing after a week marked by persistent selling pressure, as investors shift focus to upcoming economic data. Following an earlier dip to multi-week lows, the currency pair found support near 1.0650, suggesting traders may be hesitant to extend bearish bets before the weekend. Analysts cite a blend of oversold conditions and […]
US Dollar Index outlook: Dollar keeps firm tone at the start of the year
The US Dollar Index (DXY) maintained a steady trajectory at the start of the year, reflecting investor confidence amid shifting global market dynamics. Following a volatile 2024 marked by rate hikes and geopolitical tensions, the dollar’s firm stance highlights its ongoing appeal as a safe-haven asset. The index, which tracks the greenback’s performance against a […]
