The pair is experiencing some near-term resistance, shaped by a divergence in monetary policy between the dovish Federal Reserve (Fed) and the hawkish Reserve Bank of Australia (RBA). RBA Deputy Governor Andrew Hauser recently stated that the...
The Fiber price continued its downward trajectory on Tuesday, slipping further to near the 1.0590 mark during the late European session. The pair’s weakness came after dovish comments from European Central Bank (ECB) President Christine Lagarde,...
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GBP/USD Fundamental Analysis: UK Economy’s Soft Patch: Recently, UK GDP growth has come in weaker than anticipated, pointing to a potential slowdown. This keeps the Bank of England cautious, as they may need to hold back on further rate hikes to...