In the early negotiation on Wednesday, the euro has shown a slight drift in the middle of a hard and noisy price action backdrop. Despite this volatility, the general feeling remains that the euro will probably continue to operate within a well...
Where Have Dollar Buyers Gone? Yesterday, President Donald Trump's statements about new trade tariffs were largely ignored by dollar buyers. However, risk-asset sellers were also notably absent. During his speech, Trump announced that he would...
Market Fundamentals: The spot price maintains positive traction around the 0.5600 mark during Asian trading hours, supported by the People’s Bank of China’s (PBOC) decision to keep its Loan Prime Rates (LPRs) unchanged. Investors remain cautious...
The US dollar initially fell against the Japanese Yen at the beginning of the session, but quickly reversed the course and now shows a renewed force. At present, the PAR is negotiated around the 200 -day exponential mobile average (EMA), which many...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2569, experiencing resistance near the recent highs. The daily chart suggests a potential slowdown in bullish momentum, while the H1 timeframe shows a pullback with price struggling to...