The US dollar initially fell against the Japanese Yen at the beginning of the session, but quickly reversed the course and now shows a renewed force. At present, the PAR is negotiated around the 200 -day exponential mobile average (EMA), which many...
EURGBP Daily Time Chart Analysis The EUR/GBP pair is moving lower after rejecting the downtrend formed from January 23 to February 2, 2023. The pair is below three major moving averages, further strengthening the decline. However, sellers failed to...
Market Fundamentals: The spot price maintains positive traction around the 0.5600 mark during Asian trading hours, supported by the People’s Bank of China’s (PBOC) decision to keep its Loan Prime Rates (LPRs) unchanged. Investors remain cautious...
USD/CAD Trends and the Impact of Recent CPI Data Overview of Recent Market Movements The USD/CAD currency pair has exhibited a significant downward trend in recent trading sessions, with a decline of over 1% over the past five trading days. This...
Market Fundamentals: Concerns over Donald Trump's external policies have intensified discussions about the European Central Bank's (ECB) potential interest rate cut. Market analysts are divided on whether the ECB will reduce rates by 25 or 50 basis...
