The Australian Dollar Gains Value as Increased Consumer Prices Reduce Chances of RBA Rate Cuts: Recently, the Australian Dollar (AUD) has gained strength due to rising consumer prices. This rise, known as inflation, is when the cost of goods and...
AUDUSD MARKET ANALYSIS On Tuesday (June 25), AUD/USD fell slightly by 0.13% to close at $0.6649. The market is currently waiting for Australia to release the May consumer price index (CPI) on Wednesday. The market expects a decline of about 0.2%,...
GBP/USD Future Trends and Forecasts The foreign exchange market is stuck in neutral today, mirroring the lack of any significant economic data releases. This subdued environment makes it incredibly challenging to find profitable trading...
Have you ever dreamed of becoming a successful day trader, making a bulk lot of fortune? But the reality is many day traders are very struggling. They might come up with a solid trading plan but still not pull it off. Because everyone has blind...
The GBP/USD currency pair, which represents the exchange rate between the British pound and the US dollar, is currently trading around 1.2708. This pair is one of the most closely watched in the forex market due to the significant economic and...