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The EUR/USD currency pair has shown significant bullish potential in recent trading, highlighted by the formation of a long Marubozu candlestick on the hourly chart earlier in the day. This candlestick pattern suggests strong buying pressure and a...
The US Dollar has relinquished more than half of its recent gains as market expectations adjust to the news that former Trump economic advisor Scott Bessent might be nominated for Treasury Secretary. Investors view Bessent’s potential nomination as...
The Swiss franc is higher for the third trading day in a row. In the European session, USD/CHF is currently trading at 0.9038, down 0.09% on the day. Soft CPI Cements SNB Rate Cut The rate of inflation in Switzerland continues to fall, causing...
USD/JPY Price Activity Let's delve into the present analysis of USD/JPY's price behavior. The USD/JPY daily chart highlights a strong uptrend, with key technical elements providing insight into the pair's price action. The pair is trading near a...