GBP-USD PAIR REVIEW The recently released US inflation data report (CPI) appears to be lower than market expectations. This has weakened the outlook for the US Dollar currency and supported the rally in the GBPUSD pair. The current price movement...
The USD/CAD currency pair may experience upward momentum, particularly if the price successfully remains above the crucial support level near 1.3858. Current market dynamics suggest possible bullish movement, supported by short-term technical...
AUD/USD AUD/USD is trading around 0.6215 today, and I’ve been keeping a close eye on this pair after it bounced back from that five-year low of 0.5933 earlier in the week. This recovery has mostly been driven by broad U.S. dollar weakness, with...
The British pound is sharp on Friday and extends its rally to the fourth day. At the European meeting, GBP/USD is traded at 1.3088, which is 0.94% per day. The pound increased by 2.9%since Monday. UK GDP higher than expected UK GDP higher than...
Market sentiment shifted notably following the latest University of Michigan Surveys, which revealed a sharp drop in the Consumer Sentiment Index to its lowest level in nearly two and a half years. This decline reinforced expectations for further...
