The pair remains locked within a narrow range around 1.4380 during Monday’s European session, reflecting subdued trading activity in a holiday-curtailed week. Consolidation dominates the scene amidst muted market movements, yet the broader outlook...
USD/CHF Technical Analysis: Right now, USD/CHF is hovering around 0.8500, and from what I’m seeing, the pair is still showing bearish pressure. Key support levels I’m watching are 0.8470 and 0.8430, while resistance sits at 0.8530 and 0.8570....
The spot price has been under significant pressure in recent months, primarily due to external factors such as slowing economic growth in China, its largest trading partner, and the strengthening U.S. Dollar. China’s lackluster economic stimulus...
The currency pair is gaining traction near the 0.9040 mark, snapping a two-day streak of gains during the early European session on Monday. This movement reflects a response to the hawkish rate cut by the US Federal Reserve (Fed), which offers...
The EUR/USD pair finds itself navigating complex dynamics driven by diverging perspectives on European Central Bank (ECB) policy and external influences bolstering the U.S. Dollar. While upcoming economic data releases and statements from central...