The Euro experienced a setback against the US Dollar, falling below the crucial 1.1000 level despite a surge in investor confidence. This decline occurred even after a robust US retail sales report, indicating an 18-month high and dispelling...
In our analysis of the EUR/USD currency pair, the current situation presents a mix of challenges and opportunities. The EUR/USD has shown significant price movements, reaching and surpassing key levels, including 1.0979 and 1.099. However, this...
The British pound strengthened against the US dollar on Thursday, buoyed by a combination of factors. A stronger-than-expected rebound in US retail sales alleviated recession fears and improved overall market sentiment. Meanwhile, the UK economy...
THE CURRENCY PAIR GBP-JPY In the studied chart, the selected asset currently shows a clear bullish mood, which can be easily identified using the Heiken Ashi candlestick indicator, which demonstrates a smoother and averaged value of price quotes,...
**EUR/USD Analysis: US PPI Decline and Anticipated Rate Cuts Propel the Euro** The EUR/USD pair has been under significant bullish pressure, as recent economic data from the United States and growing expectations for rate cuts have fueled a rally in...