Market Fundamentals: The Dollar strengthened during the European session following Russian President Vladimir Putin’s approval of a nuclear doctrine revision in response to Ukraine’s use of long-range missiles—permitted and supplied by the US under...
21 February 2025 The USD/CAD exchange rate is trading around 1.4180 during Asian market hours, stabilizing after previous losses. The pair's movement reflects a combination of U.S. economic data, Federal Reserve communications, and upcoming...
Core Points about GBPUSD: The UK Retail Sales rate and the Flash Manufacturing Index are expected to support GBP/USD buyers today. Positive economic data from the UK strengthens investor confidence, leading to increased demand for the British pound....
The current short-term situation appears to be following the broader monthly trend, but I note that a new short-term turning point emerged just yesterday at the level of 1.2637. I believe it is now advisable to test this level from above, as this...
Analysis of EURGBP from a Technical Perspective For today's technical analysis, I have chosen the EUR/GBP pair. At this moment, the price in the market is on the rise, yet the trendline that supports this movement is being violated. Once the...
