The UK annual inflation data report (CPI y/y) which jumped more than expected, does not seem to make the outlook for the Pound Sterling currency strengthen against the Japanese Yen currency. If you look closely, the price actually decreased rather...
Federal Reserve Governor Lisa Cook indicated that the central bank might take a gradual approach to reducing interest rates, citing the strength of the U.S. labor market and persistent inflation as factors that allow for a more cautious stance. As...
Gold Daily Forecast Gold (XAU/USD) is in a broad uptrend, forming a series of highs and lows. The price recently rose to the 2940 level and then faced strong selling pressure. The current downtrend suggests that the market is in a correction after...
AUD/CAD The AUDCAD H1 chart shows key buying and selling levels, style direction, and market sentiment thru rate action, shifting averages, and horizontal guide and resistance areas. Price has been buying and selling round the 0.9027 resistance...
The GBP/USD pair experienced a notable surge on Wednesday, reaching a 10-week high and surpassing the 1.2700 level for the first time since mid-December. This bullish momentum was primarily driven by a perceived lack of negative news, coupled with...
