THE CURRENCY PAIR GBP-USD If it does not cancel the purchases completely, it will complicate further trend development. Total: Today I expect a correction, like you, but not lower than 1.2450 with the subsequent formation of at least weak signals...
The spot price has extended its sideways consolidation above the $2,650 mark, as we approach the European session on Tuesday. Investors are increasingly confident that the Federal Reserve will embark on a cycle of easing monetary policy, with an...
Investor sentiment currently aligns with expectations of a dovish shift in U.S. Federal Reserve policy. Data from CME reveals that markets are pricing in a 25 basis-point rate cut in both upcoming months, reflecting growing concerns over softening...
GBP/USD lost further traction and battles to retain the 1.2500 mark after hitting an intraday high of 1.2575. Stock markets turned south after the release of upbeat American data, providing fresh legs to the US Dollar rally As of writing, GBP/USD...
EUR/USD came under selling pressure early in the American session following the release of United States macroeconomic figures. The December ISM Services PMI unexpectedly surged to 54.1, while November JOLTS Job Openings rose to 8.1 million, also...
