Market Fundamentals: The latest data from the Bureau of Labor Statistics revealed that the US Consumer Price Index (CPI) rose by 2.9% year-over-year in December, aligning with market expectations and exceeding the previous reading of 2.7%....
USD/CHF As of today, February 21, 2025, the USD/CHF pair is trading around 0.8980, showing signs of consolidation after recent volatility. Technical Analysis: The pair has been following a descending channel, and I’m seeing the potential for a...
The USD/CHF H1 chart currently exhibits a strong bearish trend, with price action consistently trading below the midline of the Bollinger Bands. The pair recently found temporary support around the 0.8975 level, but the overall trend structure...
Market Fundamentals: The Eurozone's Q3 Negotiated Wage Rates data showed a significant increase, rising to 5.42% from the previous quarter's downwardly revised 3.54%. As a key indicator of wage growth and consumer spending potential, this data...
Market Fundamentals: Most European Central Bank (ECB) policymakers support maintaining a steady pace of policy easing, given the growing risks to the Eurozone economy. Recent economic data has reinforced concerns about a slowdown, validating the...
