The spot price weakened against the Dollar on Thursday, falling to 0.6215. This decline was primarily driven by a combination of weak domestic data and a relatively strong Dollar. Circumstances surrounding the economy, particularly persistent...
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 Kiwi pair is facing headwinds, struggling to sustain a recovery move and retreating back towards the psychologically significant 0.5600 level against the US Dollar (USD). This weakness stems from a confluence of factors, including a resurgent...
AUD / USD: An Hourly Time Frame Recommendation Yesterday, the market sentiment of AUDUSD was notably weak, hovering around the 0.6245 level, indicating bulls lacked the strength to drive significant price movement. Consistent holidays that started...
The latest Eurozone inflation figures have presented the European Central Bank (ECB) with a complex dilemma. While the central bank has already implemented a rate cut, persistent inflation, particularly in core economies like Germany, is raising...
