The USD/CHF pair rebounded from its recent losses, gaining over 0.36% and trading at 0.9048 at the time of writing. This recovery comes after the pair found solid support near the 50-day Simple Moving Average (SMA) at 0.8998, forming a “tweezers...
Market expectations surrounding Donald Trump's economic policies, including stricter immigration measures, tax reductions, and increased import tariffs, have fueled speculation about stronger growth and rising inflation in the U.S. economy. This, in...
The GBP/USD pair is trading in negative territory near 1.2400 on Thursday, struggling to regain momentum after the Bank of England (BoE) decided to cut its policy rate by 25 basis points (bps). Despite disappointing US economic data, which helped...
The latest U.S. Consumer Price Index (CPI) report from the Bureau of Labor Statistics (BLS) indicated a moderate 0.2% increase in inflation, following a 0.1% decline in the previous month. Notably, the annual CPI growth dipped below 3% for the first...
The cryptocurrency market continues to struggle, showing little urgency to recover. Currently trading around $3.3 trillion in market capitalization, it is consolidating at lower levels compared to previous weeks. Earlier, the market hovered near...