European Central Bank (ECB) President Christine Lagarde delivered opening remarks at the ECB’s Conference on Financial Stability and Macroprudential Policy, highlighting the central bank’s current dilemma. European inflation remains persistently...
The Relative Strength Index (RSI) on the 4-hour chart is approaching the neutral 50 mark, indicating a potential waning of bullish momentum in the market. On the downside, the first support level to watch is 1.2530, which corresponds with the...
The GBP/JPY cross has extended its decline for the second consecutive day, trading around 189.30 during the Asian session on Thursday. This downward movement reflects a broader bearish sentiment, as the pair remains confined within a descending...
Analysis of the USDJPY Pair: Support and Resistance Dynamics Current Market Overview The USDJPY currency pair has recently broken below the 151.25 support level, leading to a significant sell-side movement that aligns with the prevailing bearish...
The British pound relinquished its recent gains, which had been spurred by robust UK labor market data released on Tuesday. This reversal followed renewed concerns expressed by Bank of England (BoE) Governor Andrew Bailey regarding the UK's economic...
