Megan Greene, a member of the Bank of England’s Monetary Policy Committee, recently emphasized the importance of gradually reducing interest rates as a means to balance economic stability with growth. When discussing inflation, Greene noted that key...
The catalyst behind the USD’s strength is stronger-than-expected US producer inflation data, which raises concerns about persistent inflationary pressures in the economy. While this may influence market sentiment, it is unlikely to shift...
GBP/USD Price Reaction The GBPUSD pair traded on Wednesday was completely under the control of the seller, who managed to secure its resistance area at 1.3040 from the bullish buyer's efforts. The price was under the seller's control, and the seller...
USD/CHF Analysis Good Morning guys! Yesterday, the market price of USD/CHF bounced up and crossed the 0.8730 zone successfully. So, the buyers can increase their value and survive in this market. The USD/CHF traders gauge the overall economic...
General Points of GBPJPY: Yesterday, the market of GBPJPY again bounced up and broke the 199.00 level. It is trading around the 199.21 level and the buyers are powerful. From a broader perspective, the current market structure suggests that buyers...
