The British pound depreciated sharply on Thursday following the release of disappointing economic data. While UK GDP expanded in November, the growth rate of 0.1% month-over-month fell short of market expectations of 0.2%. Industrial production also...
USD/CHF Technical Analysis: Looking at the USD/CHF pair, it seems to be in a consolidation phase, trading between 0.9200 and 0.9300. The 50-day moving average is sitting just above 0.9250, providing some support. The RSI is around 55, showing a...
GBP/JPY Price Analysis Japan’s National Consumer Price Index (CPI) climbed 3.6% YoY in December, compared to the previous reading of 2.9%, according to the latest data released by the Japan Statistics Bureau on Friday. Further details unveil that...
The GBP/USD H1 chart reveals an overall mixed trend with fluctuations that alternate between bullish and bearish movements. The price is currently trading around 1.2397, showing a slight upward momentum in recent sessions. However, the broader...
Analysis of shops and business tips for Japanese yen The price level of 156.33 occurred when the MacD indicator just started to move under the zero mark, which was confirmed by the valid entry point for the sale of the dollar. As a result, the...
