The British pound experienced a decline in North American trading, falling below the 1.2500 level. This downward movement, amounting to over 0.48% or 60 pips, was primarily driven by positive economic indicators from the United States. A key factor...
THE CURRENCY PAIR AUD-USD We all, due to being busy, do not visit all branches of certain price pairs. However, greetings, colleague, like other raw materials, the AUD/USD pair also headed down, although they had already visited significant strong...
The EUR/USD experienced a modest rebound on Thursday, gaining 0.45% to trade near 1.0400, following a sharp 1% decline in the previous session. However, the pair remains subdued below its 20-day SMA, indicating limited upside potential. The European...
The outlook for the pair remains bearish in the short to medium term, as the pair is entrenched in a downtrend defined by lower highs and lower lows. A variety of key factors are influencing this trajectory, including U.S. inflation data, Federal...
Ongoing geopolitical tensions in the Middle East, particularly between Lebanon's Hezbollah and Israel, continue to play a critical role in shaping currency market dynamics. The potential for escalated conflict raises the risk of oil supply...
