The EUR/JPY H4 chart reflects the recent price action aligning with the fundamental and technical outlook you provided. The pair has been in a downward trajectory, currently testing key support levels near 155.90, which coincides with the...
Market Fundamentals: The Swiss Franc (CHF) remains under pressure as investors anticipate further interest rate cuts by the Swiss National Bank (SNB). With Swiss interest rates already lowered to 0.5% amid concerns that inflation may fall below the...
EURUSD Technical Analysis EURUSD has shown mixed price action in recent sessions. On the daily timeframe, the pair is currently trading around 1.04632, with the 150-period moving average still positioned above the price, indicating a long-term...
The Bank of England (BoE) recently lowered its key borrowing rate by 25 basis points to 4.75%, signaling a gradual easing of monetary policy. However, Governor Andrew Bailey emphasized that interest rates would remain restrictive until inflationary...
The Canadian dollar shows small losses on Friday. USD/CAD is traded at 1.4196 at the European meeting, which is 0.14%. On Thursday, the Canadian dollar took advantage of the wide weakness of the dollar in the US and gained 0.45%. Canadian retail...
