The AUD/USD currency pair is currently consolidating near the critical support level of 0.6270, following a 1.44% gain last week, as investors await the release of key inflation data in the United States. Scheduled for 14:30 (GMT+2), the consumer...
The USD/JPY pair surged to near 149.20 during North American trading hours on Wednesday as the US Dollar (USD) found strength despite softer-than-expected inflation data for February. The US Consumer Price Index (CPI) report revealed that headline...
The National Bureau of Statistics (NBS) has shared a cautious economic outlook, noting significant challenges facing the economy. The NBS highlighted that the external environment's impact on economic operations is intensifying, while domestic...
NZD/USD NZD/USD Bulls Remain on The Defensive Close To 0.5700; The Focus Is Still On The US CPI Release Key Analytics: The NZD/USD dropped on Wednesday amid a slight USD recovery from a multi-month low. The Kiwi is further undermined by China's...
USD/CHF USD/CHF Increases to Near 0.8850 In advance of the US CPI Inflation Release Key Analytics: USD/CHF gains ground to around 0.8840 in Wednesday’s early European session. The renewed US Dollar demand provides some support to the pair ahead of...
