The EUR/USD currency pair experienced a volatile Wednesday, initially surging to a seven-month peak before retracing to the 1.1000 level. This movement was largely influenced by a mix of economic data from both the Eurozone and the United States. On...
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The EURUSD pair easily broke through the 1.1008 resistance level. Even the US inflation data has not been released yet, where the forecast clearly does not match the actual data, which is expected to be better than the forecast. Essentially, this...
The pair reached a 2024 high of approximately 1.2867 during Wednesday's trading session. This significant surge was primarily driven by weaker-than-anticipated June Consumer Price Index (CPI) data in the US, which has intensified expectations for a...
GBP/USD FUNDAMENTAL TECHNICAL ANALYSIS: The GBP/USD pair experienced a pullback on Wednesday, breaking a four-day winning streak as both UK and US Consumer Price Index (CPI) inflation data fell short of expectations. The pair fell below the 1.2850...