Euro tests 1.05 as sticky inflation fuels uncertainty The euro fell slightly during early trading on Wednesday, testing the critical 1.05 level following the release of US CPI data. The consumer price index showed a month-on-month increase of 0.3%,...
The Australian dollar reached key support at 0.6350 The Australian dollar recently dropped to the 0.6350 level, an important area that has served as a crucial support point many times. This level is now under scrutiny as its ability to hold will...
NZD/USD Weekly Analysis: Bullish Momentum Amid Strong Economic Data Good morning, traders! The NZD/USD market experienced a bullish scenario last week, largely influenced by favorable economic developments in New Zealand and the United States. The...
Hello, GBP/USD is back in the red below 1.2750 in European trading on Wednesday. The pound sterling loses traction amid renewed US dollar buying as risk sentiment deteriorates ahead of the crucial US CPI showdown. US inflation data is key to gauge...
The currency pair has been on a steady climb, marking its second consecutive day of gains on Wednesday. During the first half of the European session, the pair surged to the 1.4120 range, reaching its highest level since March 2020. As of the latest...
