GBP/USD Struggles for Direction as Market Tensions Build(February 6,2025) Pound’s Rocky Path: Uncertainty at Every Turn The British pound has been holding around $1.25, but it’s feeling the weight of shifting economic forces. The Bank of England is...
The EUR/GBP currency pair has been consistently declining since January 20th, encountering significant resistance near the downtrend line originating from the high of February 3, 2023. This sustained adherence to the downtrend line reinforces the...
USD/CAD: Market Drivers and Key Moves Today(February 6,2025) Tariff Tensions Weighing on the Canadian Dollar The big news today is the renewed tariff issue between the US and Canada. On February 1, 2025, the US introduced a 25% tariff on Canadian...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Welcome to all forum users. I'll be talking about the NZD/USD market price behavior in my essay today. The USD is currently trading at 107.67, according to the dollar index. NZD/USD is trading at...
The GBP/USD currency pair experienced a surge of buying activity, driven by a confluence of factors including easing trade war anxieties and anticipation surrounding the Bank of England's (BoE) upcoming interest rate decision. Market sentiment...
