The euro experienced a significant decline against the dollar on Wednesday, shedding roughly a tenth of its value. This sharp depreciation occurred amidst a period of relative market inactivity, characterized by a lull between key data releases. The...
EURUSD EURUSD outlook: The EUR/USD pair remains under pressure, trading near 1.0449 (buy side) and 1.0448 (sell side). The disparity between the Federal Reserve's hawkish stance and the European Central Bank’s more cautious approach continues to be...
GBP/USD Fundamental Analysis GBP/USD is facing some downside pressure today as market sentiment remains cautious ahead of key U.S. economic data. The UK’s latest PMI figures came in weaker than expected, signalling a slowdown in business activity,...
Have a great day everyone! The slope of the linear regression channel is up on the M15 chart. Which indicates the strength of the buyer trying to grow to the level of 1.04491. Upon reaching the target, the movement will slow down. Due to weakening,...
USD/JPY: Market Shifts and Key Developments(January 24,2025) U.S. Dollar's Momentum The U.S. dollar is riding a wave of strength as investors gear up for the next round of economic data. With the Federal Reserve maintaining a tighter stance on...
