As of now, the USD/JPY currency pair has been experiencing a consistent decline over the past eight days, marking a significant trend that has not been observed since 2019. This prolonged decrease hints at underlying market shifts and potential...
USD/CHF Technical Analysis (H4 Timeframe) Price Action Overview The USD/CHF pair is currently trading at 0.8224, showing slight bullish momentum after opening at 0.8220 and reaching a high of 0.8231. The low of 0.8211 indicates minor support, while...
In the world of forex trading, the minimum lot size represents the smallest trade size that a broker will allow you to place. Typically, the standard lot size in forex trading is 100,000 units of the base currency, known as a “standard lot.”...
In a significant move that shook financial markets, Moody’s downgraded the U.S. credit rating from Aaa to Aa1, echoing earlier actions by Fitch Ratings in 2023 and Standard Poor’s back in 2011. The downgrade underscores growing concerns over the...
The UK Office for National Statistics reported that the Consumer Price Index (CPI) rose by 3.5% year-on-year—surpassing market expectations of 3.3% and well above the previous month’s 2.6%. Every month, inflation spiked by 1.2%, driven largely by...
