Date: 12th February 2025. Financial Markets Await Key Inflation Data Amid Fed's Steady Stance. Meanwhile, the US Dollar may strengthen after Fed Chair Powell signalled no urgency to cut interest rates, reinforcing a risk-off sentiment alongside...
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The GBP/USD pair continues to trade in a narrow range around the 1.2450 level on Wednesday, as market participants remain cautious ahead of the release of the US Consumer Price Index (CPI) data for January. The lack of clear directional momentum...
Current Market Overview The EUR/USD currency pair is currently showing stability above the 1.0350 mark during the European trading session on Wednesday. This steadiness can be attributed to a cautious market sentiment as traders await critical...
The provided chart for GBP/USD on the H1 timeframe offers a detailed view of the currency pair's price movements, which can be analyzed for potential trading opportunities. The price action appears to be fluctuating within a defined range, with...