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...
The NZD/ USD brace endured a slight answer during Wednesday's European trading session, reaching the 0.5720 position after shearing some of its losses from the former day. still, the brace's upward movement was constrained following the Reserve Bank...
GBP/USD Price Analysis: Technical outlook GBP/USD falls 0.21% as Trump’s tariff threats fuel safe-haven demand. UK CPI jumps to 3%, exceeding forecasts, but BoE’s easing path remains intact. FOMC minutes in focus as Fed signals no rush to cut rates....
The Role of Central Banks in Forex Market Movements The foreign exchange (Forex) market is influenced by a variety of factors, ranging from geopolitical events to macroeconomic indicators. Among these, central banks play a pivotal role in shaping...
The USD/CHF currency pair is once again attempting to reach its 15-month high, which is approximately 0.9200. The overall outlook for the Swiss Franc appears strong, supported by the 20-week Exponential Moving Average (EMA) that indicates a bullish...
