Eurozone headline inflation is on the decline, while core inflation is only slightly increasing. Lower-than-expected inflation data from Germany and Spain have led to dovish expectations for the European Central Bank (ECB), increasing the likelihood of future rate cuts.
Economic indicators in the Eurozone present a mixed picture, with flash Purchasing Managers'...
The AUD/NZD pair is benefiting from the relative strength of the Australian dollar (AUD) over the New Zealand dollar (NZD). Given the AUD's technical strength and positive outlook, buying on dips in AUD/NZD is a strategic move to capitalize on the potential appreciation of the AUD relative to the NZD.
Economic factors also play a role, as the Reserve Bank of...
Euro Weakness :
The European Central Bank (ECB) is expected to maintain a dovish stance, with potential rate cuts extending into 2025 due to weak economic growth and persistent inflation concerns. This, coupled with fragile economic recovery in the Eurozone and political uncertainties in key countries like France and Italy, is likely to keep the Euro under...
