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US dollar gains traction ahead of crucial US CPI data
Volatility in the dollar is expected to remain elevated this week due to several significant economic data releases. The CPI figures are particularly crucial, as they may influence the Federal Reserve’s future interest rate decisions.
AUDNZD hit a fresh 13-year high: Time for a pullback?
AUDNZD surged to a new 13-year high of 1.2145. Although bullish momentum remains strong, the pair is overextended on the higher timeframe, raising concerns about the rally's sustainability and the potential for a pullback.
Central banks are taking center stage this week
Another busy central bank week is upon us. The central bank's decisions will be crucial for educating markets about future direction, as the discussion on policy is likely to influence market volatility.
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