The GBP/JPY pair has been displaying mixed behavior with both bullish and bearish swings over the last two days, as shown on the 15-minute chart. Price dipped toward the 186.025 support but later rebounded to test the 189.207 resistance, where it...
Fibonacci Trading Tools in the Forex Market Fibonacci trading tools are among the most popular technical analysis tools used in the Forex market. These tools are based on the Fibonacci sequence—a mathematical series of numbers where each number is...
The Trump administration is reportedly preparing to engage in high-level talks with Russian officials in Saudi Arabia, aiming to negotiate a potential resolution to the war in Ukraine. Should these diplomatic efforts show signs of real progress,...
Governor Tiff Macklem revealed a shift in the central bank's rate-call approach, adjusting its forecasts to ensure more accurate economic predictions. This change is designed to help the BoC react more swiftly to economic shocks, particularly as the...
Richmond Fed President Tom Barkin acknowledged recent progress in curbing inflation but warned that price pressures could still linger above the Federal Reserve's 2% target. He also expressed uncertainty about the labor market, suggesting it could...