The recent strengthening of the GBP/USD pair has been driven by a combination of robust UK macroeconomic data, increasing capital inflows, and the prospect of avoiding US trade tariffs, creating a bullish outlook for the British pound. The UK...
The National Bureau of Statistics (NBS) has shared a cautious economic outlook, noting significant challenges facing the economy. The NBS highlighted that the external environment's impact on economic operations is intensifying, while domestic...
The chart represents crude oil (#CL) on the H1 timeframe, incorporating Bollinger Bands and the Stochastic oscillator. The price is currently trading at 67.73, showing signs of an upward movement after a period of consolidation. Looking at the...
The USD/CAD currency pair weakened towards 1.4365 during the late American session on Wednesday, driven by a softer-than-expected US inflation report and mounting concerns over US trade policies. The latest Consumer Price Index (CPI) data released...
The GBP/USD pair continues to hover near recent highs, consolidating around the psychologically significant 1.3000 level. This comes as US inflation data revealed a sharper-than-expected cooldown in February, reinforcing expectations that the...
