The GBP/USD pair continues to trade in a narrow range around the 1.2450 level on Wednesday, as market participants remain cautious ahead of the release of the US Consumer Price Index (CPI) data for January. The lack of clear directional momentum...
With the Swiss Franc (CHF) exception, the GBP showed strength compared to its key counterparts on Wednesday. Nevertheless, the British economy's future remains unclear, as Catherine Mann, a member of the Bank of England's (BoE) Monetary Policy...
XAU-USD Price Overlook Xauusd continues its bearish rely on the market movement this Wednesday. Some buyers took profit when xauusd reached level 2941 and the statement by Jeremy Powell, a top Fed official who would still maintain his benchmark...
reface to EUR- CHF MovementThe EUR- CHF brace has displayed strength at the morning of this week, demonstrating a brio back from the demand area above 0.93588 on the diurnal time frame. Accordingly, the price has returned to the vicinity of the...
The Australian dollar has experienced a modest rally against the US dollar recently, but its progress is being limited by the 50 -day exponential mobile average (EMA), which remains a significant barrier. An advance above this key level could pave...
