The British Pound (GBP) is facing ongoing challenges despite some recent supportive factors. UK inflation data has shown rising price pressures, which could reduce the likelihood of further rate cuts by the Bank of England (BoE) in the near term....
The Spot price is gaining momentum, trading near 0.8940 during the early European session on Friday. The strengthening Dollar has been a key driver, with traders positioning themselves ahead of important US economic data set to be released next...
The Spot price is struggling to maintain its strength despite firm crude oil prices this morning, as broader concerns about China’s economic slowdown weigh heavily on commodities. This underperformance of the CAD has pushed the USD/CAD pair back...
General Points about NZDUSD: This week has been quite challenging for NZDUSD buyers as they have consistently lost value, with the pair facing significant downward pressure. The market experienced a sharp decline, reaching the 0.5783 level...
The Spot price experienced a dip against the US Dollar (USD) on Friday, trading around the 0.5750 mark during the Asian trading session. The NZD's weakness is largely attributed to US President-elect Donald Trump's escalating threats of further...