General points about EURUSD: We observed that apart from the French and German Flash data released earlier this week, the ECB's Monetary Policy did not provide much support for the Euro. Despite these key economic indicators, the Euro failed to gain...
The US dollar showed a modest recovery against the Japanese yen, setting the stage for potential market volatility in the next 24 hours. Turbulence is expected as both the Federal Reserve and the Bank of Japan are scheduled to make major...
General Points about USDCHF: USDCHF is currently trading at the 0.8937 level, reflecting ongoing volatility in currency markets. The pair has shown sensitivity to key economic indicators. Tomorrow’s upcoming events, including the US Final GDP,...
•••GBP/USD Update: Navigating a Quiet but Critical Moment(December 18,2024)••• The GBP/USD currency pair is in the midst of a subtle yet intriguing moment. As the pound lingers just above the 1.2690 mark, traders are on edge, watching every move...
The pair faced significant pressure against the Dollar on Wednesday, retreating to long-term averages around the 1.4310 region. The new trading week began with the price on the back foot, as investors sought refuge in the safety of the Dollar. This...
