The GBP/AUD currency pair is currently positioned at a critical level, with expectations of a potential upward movement of 83 to 123 pips. The pivot point at 1.9830 serves as a crucial reference for price action, determining whether the market will...
GBP/USD is in upward trend despite a disappointing PMI Report of the United Kingdom. In January, PMI services fell slightly to 50.8 since December 51.1, not reaching the expectations of 51.2 analysts. These weakest data could normally weigh on the...
The core Consumer Price Index (CPI) is projected to rise by 3.3% year-over-year, marking a critical data release ahead of the Federal Reserve’s (Fed) final policy meeting of the year. Meanwhile, Friday’s U.S. employment report is expected to...
The potential re-election of Donald Trump is expected to weigh on risk-sensitive currencies as his protectionist trade policies could heighten global economic uncertainty. Trump has pledged to impose a universal 10% tariff on all foreign economies,...
The USD/CHF pair has been impacted by various factors, particularly the escalating US-China trade tensions. In retaliation for the recent 10% US tariff on Chinese imports, China has imposed a 15% tariff on US coal and liquefied natural gas (LNG),...
