The USD/CHF pair is showing signs of recovery, trading around 0.8985 during the early European session on Friday, as the US Dollar (USD) experiences a modest rebound. This movement comes ahead of critical economic data releases and speeches from...
Core Points about USDCHF: Last night, the USD/CHF market reached the 0.9010 level, which confirms that sellers are gaining strength. The downward movement in the pair reflects increasing bearish pressure, signaling a stronger position for sellers....
The current short-term situation appears to be following the broader monthly trend, but I note that a new short-term turning point emerged just yesterday at the level of 1.2637. I believe it is now advisable to test this level from above, as this...
The GBP/USD pair is struggling to gain significant bullish momentum, hovering near the 1.2650 level during the European session on Friday. Earlier in the day, the Pound Sterling found some support following the release of stronger-than-expected UK...
UK inflation changes interest rate expectations Traders have revised down their expectations for the Bank of England's key interest rate after an unexpected rise in inflation in the country, reducing their confidence in two possible cuts of 25 basis...