GBP/USD has surged to its highest level in two months, trading above 1.2650 in the European session on Friday. This upward momentum is largely driven by the stronger-than-expected UK Retail Sales data for January, which showed a robust increase of...
UK inflation changes interest rate expectations Traders have revised down their expectations for the Bank of England's key interest rate after an unexpected rise in inflation in the country, reducing their confidence in two possible cuts of 25 basis...
The Australian dollar (AUD) experienced a slight decline against the US dollar (USD) on Friday, primarily influenced by the release of the Judo Bank Purchasing Managers’ Index (PMI) data.1 However, positive sentiment was bolstered by news of...
With the exception of the US dollar (USD), the pound sterling (GBP) increased versus its primary counterparts on Friday following the announcement of strong UK retail sales statistics for January. Retail sales, a crucial indicator of consumer...
Technical Examination of USDCHF>>For today's technical examination, I have selected USD/CHF. The market price is on the rise, yet it is attempting to alter its structure. Initially, it declined due to a trendline, but it has recently breached this...
