The Pound Sterling (GBP) faced downward pressure against the US Dollar (USD) during the North American trading session, following the release of the latest US inflation data. The GBP/USD pair dropped to 1.2387, marking a 0.47% decline, as the report...
GBP/USD remains in a strong uptrend, with the market favoring bullish momentum as long as the pair stays above the key pivot level of 1.2417. This support level plays a crucial role in shaping market sentiment, acting as a psychological anchor that...
Federal Reserve (Fed) officials remain on track to lower interest rates at the upcoming meeting, as recent data indicates that while the US labor market remains resilient, it continues to cool. According to the CME Group’s FedWatch Tool, market...
The USD/JPY pair remains in an upward trajectory, consistently maintaining a bullish stance as long as the critical support level at 153.75 holds firm. This price point serves as a crucial indicator of the market's strength, signaling that buyers...
The NZD/JPY currency pair is displaying remarkable strength, driven by a combination of technical and fundamental factors. The pivot point at 86.92 plays a crucial role in sustaining the bullish outlook, acting as a psychological and technical...
