GBP/USD Fundamental Analysis: The pound is struggling today as economic concerns weigh on sentiment. UK retail sales have come in weaker than expected, highlighting cautious consumer spending. At the same time, uncertainty around the Bank of...
USD/JPY Price Activity The USDJPY pair price movement seems to be trying to correct upwards in the middle of a bearish trend. Although the dollar index has decreased after almost touching the 110.00 level which made the outlook for the US Dollar...
6 EUR/USD remains in a fragile position as it struggles against the key resistance at 1.0310, a level that has consistently capped upside movements. The current market sentiment suggests that as long as this resistance holds, the risk of a further...
The GBP/USD pair continued its upward trend for a second consecutive session, trading around the 1.2430 level during Tuesday's Asian trading hours. Concurrently, the USD/CAD pair also experienced an increase, driven by improved risk appetite...
China prepares to respond to Trump's tariffs China plans to respond to the tariffs imposed by the Trump administration by focusing on restoring the «Phase One» trade agreement signed in 2020. This step includes a commitment not to devalue the yuan,...