GBPJPY CURRENCY PAIR ANALYSIS It turns out that last Wednesday gbpjpy failed to retrace around the price of 192.39. This happened because yesterday gbpjpy was still able to continue its increase to a higher level. After the area at the price of...
GBP/USD Technical Analysis and Forecast The GBP/USD market is currently exhibiting a bearish trend. It recently fell to 1.29199 before starting a recovery. The GBP/USD market trades around 1.29361, indicating a slight recovery. The US dollar is...
Several ECB officials remain comfortable with the outlook for three additional rate cuts this year, following a 25 basis point reduction to 2.75% last month. ECB policymaker Fabio Panetta highlighted that economic weakness in the Eurozone is proving...
The ongoing geopolitical tensions surrounding the Russia-Ukraine conflict continue to add volatility to the forex market, with the Swiss Franc (CHF) gaining appeal as a safe-haven currency. Russian President Vladimir Putin recently indicated that...
Analysis chart EUR /USD but the Fed meeting and rate decision are next week. Therefore, the Fed will have to rely on current data. Today, data on the producer price index will be released. Yesterday, traders failed to squeeze anything out of the...
