I saw USD/JPY return to the top yesterday after all, which tells me that the expected decline is not going well. I am now reassessing my expectations for this pair. I don’t see any immediate directional movement at first glance. I can’t ignore the...
THE CURRENCY PAIR GBP-USD They have passed this week, and nothing has changed much; they went up, down, and overall they remained in place for now. As you can see, last week they were able to develop confident growth, which, however, was quite...
UK Chancellor of the Exchequer Rachel Reeves recently unveiled a £40 billion tax increase aimed at addressing a significant gap in public spending left by previous Conservative governments. A major component of this tax rise will come from increased...
The GBP/USD H1 chart displays a recent bullish recovery following a prolonged downtrend. The price previously declined sharply from above 1.2700, breaking multiple support levels before forming a consolidation zone around 1.2100–1.2200. This level...
Australia's inflation figures for Q3 have shown a notable easing, with the quarterly Consumer Price Index (CPI) rising just 0.2% and 2.8% annually, marking the slowest pace in over three years and bringing inflation back within the Reserve Bank of...