The British Pound (GBP) showed resilience against most major currencies on Tuesday, outperforming all except for North American currencies. However, the Pound’s outlook remains clouded by several factors, particularly geopolitical tensions and...
USD / JPY: An hourly time frame Recommendation A bullish scenario emerged in the USDJPY market last week, suggesting that bulls could keep up their pressure on bears, or sellers, in the upcoming days. This momentum points toward a potential...
The Fiber price continued its downward trajectory on Tuesday, slipping further to near the 1.0590 mark during the late European session. The pair’s weakness came after dovish comments from European Central Bank (ECB) President Christine Lagarde,...
The Bank of Japan (BoJ) remains committed to maintaining accommodative monetary conditions, according to BoJ board member Asahi Noguchi. In a recent statement, Noguchi emphasized that while the central bank will likely adjust its monetary policy...
GBP/USD Fundamental Analysis: UK Economy’s Soft Patch: Recently, UK GDP growth has come in weaker than anticipated, pointing to a potential slowdown. This keeps the Bank of England cautious, as they may need to hold back on further rate hikes to...