Forex

The EURUSD pair nears a 14-month high following the Fed’s 50bps rate cut, but faces key resistance levels. Learn about the implications for traders and market outlook. -vtmarkets.com

Key points: Australian dollar hit a 19-month high, with bullish momentum pushing towards $0.7030. New Zealand dollar reached yearly highs, moving close to a crucial resistance level at $0.6412. We saw the Australian dollar climbing to $0.6890, coming close to …

The euro dropped on weak PMI data in Germany and France, raising expectations of ECB rate cuts. Investors now foresee 44 basis points in reductions by year-end. -vtmarkets.com

USDJPY pulls back on narrowing US-Japan interest rate differentials. With the fiscal half-end of Tokyo approaching, volatility is expected. Insights into support and resistance levels for traders. -vtmarkets.com

Though economists widely expect the RBA to hold interest rates steady, the market seems divided on the potential for cuts in the near term. Reuters’ poll of 44 economists shows just four anticipate a reduction by year-end, while traders see …

The New Zealand dollar holds steady as traders focus on U.S. economic data and upcoming RBNZ rate cuts on domestic economic contraction. Short-term outlook remains cautious as global and local factors play a role. -vtmarkets.com

The Federal Reserve’s decision to cut rates by 50 basis points sent the benchmark S&P 500 to its first closing all-time high in two months. So far, the index has gained 0.8% in September, a month historically known for weaker …

The Chinese yuan surges to a 16-month high as traders bet on stimulus from Beijing, following the recent rate cut by the U.S Federal Reserve. Explore the latest market movements and trader outlook. -vtmarkets.com

The Australian dollar managed to recover from early losses on Thursday, trading at $0.6781, having bounced back from a low of $0.6737. Overnight, the Aussie had reached as high as $0.683 after the Federal Reserve’s decision to reduce rates by …

The U.S. dollar rallied across the board on Thursday, reversing earlier declines after the Federal Reserve delivered an aggressive half-percentage-point interest rate cut. This marked the start of a monetary easing cycle aimed at maintaining low unemployment as inflation softens. …