The currency pair remains under pressure, trading near 0.5580 during the Asian session on Thursday. The possibility of an interest rate cut by the Reserve Bank of New Zealand next week, coupled with rising geopolitical tensions, continues to weigh...
Following a three-day winning streak, the currency pair has reversed course, currently trading near 1.4420 during the European session on Thursday. The pair has experienced a decline due to thin trading volumes following a holiday break, which has...
USD/JPY is slightly lower on Thursday. It continues to move slightly below the key 158 level. Momentum indicators are showing signs of weakness. USD/JPY is trading slightly lower again on Thursday, building a good distance from the key 158 area. The...
GBP/USD Price Forecast We should have an in-depth discussion on the price action outlook of the GBP/USD currency pair. The GBP/USD H4 timeframe chart shows a strong bearish trend, with the price recently breaking below the key support level of...
The spot price trades lower around 161.70 during the early session today, reversing gains from the previous day. The price faced renewed pressure as traders increasingly believed that the Bank of Japan. At the time of the latest update, the price...
