The EUR/USD pair advanced firmly in the latter part of Wednesday’s session, supported by broad-based USD weakness following Federal Reserve Chair Powell’s neutral commentary. Although the pair failed to breach the key 1.1400 psychological resistance...
The British Pound modestly advanced against the US Dollar during the North American session, gaining 0.14% to trade around 1.3248 at the time of writing. The move follows a softer-than-expected UK inflation print, with March’s Consumer Price Index...
Technical Analysis of Gold Today, on the daily chart, the price of gold rose by more than 1,000 pips in a single day. However, the price is also approaching a positive close, so we have two possible price movements tomorrow. As we can see on the...
The USD/JPY pair remains modestly buoyant during Wednesday’s North American session, hovering around the 143.00 mark. While the pair shows short-term stability, the broader narrative is one of caution as global risk sentiment sours. Investors are...
The recent rally in EUR/USD has been primarily underpinned by strong real money flows as institutional investors increase their hedging against dollar exposure or repatriate capital from US-denominated assets. These flows reflect growing caution...
