The recent US inflation report has presented a mixed picture for the Federal Reserve, casting a shadow over the outlook for the GBP/USD currency pair. While consumer spending demonstrated robust growth, signaling a healthy economy, inflation...
The GBP/USD currency pair extended its winning streak for the second consecutive day, reclaiming the 1.2700 level. This recovery marks a partial reversal of the previous week's losses, bringing the Sterling back to its recent medium-term trading...
The USD/JPY currency pair remains at the center of attention, navigating a complex interplay of contrasting economic trends and policy decisions from both the United States and Japan. After reaching a multi-month peak of 158.00 during Thursday’s...
Gold prices experienced a slight dip on Thursday, following three consecutive days of gains. This decline coincided with a rebound in US Treasury yields, with the benchmark 10-year yield climbing more than 15 basis points above its recent lows. This...
THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that a weak upward trend has been prevailing this week. The BoA (50) indicator is consistently below the price. In this situation, the right...