The European Central Bank (ECB) is expected to lower its Deposit Facility rate by 25 basis points (bps), bringing it down to 3.25%. This would mark the second consecutive rate cut by the ECB, signaling a shift in monetary policy aimed at supporting...
Analysis of Recent USDJPY Movements: Key Trends and Resistance Breakout The US dollar-to-Japanese yen exchange rate (USDJPY) has exhibited interesting behavior in its weekly time frame chart. The price had been following a bullish trend for an...
USD/CHF Technical Analysis: Range-Bound Consolidation Break: The USD/CHF pair has entered a consolidation phase, with price movements within a well-defined range, oscillating between **0.8700** (support) and **0.8850** (resistance). This sideways...
GBP/USD Fundamental Analysis: UK Economy’s Soft Patch: Recently, UK GDP growth has come in weaker than anticipated, pointing to a potential slowdown. This keeps the Bank of England cautious, as they may need to hold back on further rate hikes to...
The British Pound (GBP) experienced a dip to two-week lows following a speech by Bank of England (BoE) Governor Andrew Bailey. Bailey’s comments, signaling a potential shift toward more aggressive interest rate cuts in response to subdued inflation,...
