The GBP/USD pair is trading in negative territory near 1.2400 on Thursday, struggling to regain momentum after the Bank of England (BoE) decided to cut its policy rate by 25 basis points (bps). Despite disappointing US economic data, which helped...
The latest U.S. Consumer Price Index (CPI) report from the Bureau of Labor Statistics (BLS) indicated a moderate 0.2% increase in inflation, following a 0.1% decline in the previous month. Notably, the annual CPI growth dipped below 3% for the first...
The GOLD (XAU/USD) pair on the H1 timeframe is currently exhibiting strong bullish momentum, with the price stabilizing around 2855.78 after an extended upward trend. The price has consistently respected an ascending channel, showing a well-defined...
AUD/USD As of today, the AUD/USD pair is struggling near a five-year low, hovering around 0.6200. The U.S. dollar remains strong, backed by solid economic data and a hawkish Fed, while the Australian dollar faces pressure from both domestic...
Switzerland's manufacturing sector showed slight improvement in January, with the SVME Purchasing Managers' Index (PMI) edging up to 47.5 from 47.0, though it remained below market expectations of 49.0. The modest gain was dampened by declines in...
