Date: 10th January 2025. Why is the British Pound Declining? The new White House administration is likely to impose new tariffs on imports from China, Canada, and Mexico. This is likely to potentially disrupt supply chains and prompt the Federal...
•••USD/CHF Market Action: January 10, 2025••• ••Current Price Movements • The USD/CHF pair is trading at a bid price of 0.9139 and an ask price of 0.9142, with a spread of three pips. These figures reflect the balance between market demand and...
Forecast of EURUSD As I indicated in the accompanying diagram, I have noticed that the price of the EURUSD has been moving in a downward channel over the past few trading days on its daily time frame chart. Since Tuesday of this week, the price has...
EUR/USD EUR/USD outook: As of today, January 10, 2025, the pair is hovering around 1.0308, influenced by the eurozone's economic struggles and the US dollar's resilience. To summarize, the eurozone is facing an economic slowdown, with a...
Monetary policy divergence and evolving economic conditions are shaping a complex outlook for the price against the Dollar. Optimism surrounding China’s stimulus measures and the Reserve Bank's hawkish tone lend support to the Aussie. However, the...
