The British pound experienced a decline in North American trading, falling below the 1.2500 level. This downward movement, amounting to over 0.48% or 60 pips, was primarily driven by positive economic indicators from the United States. A key factor...
Ongoing geopolitical tensions in the Middle East, particularly between Lebanon's Hezbollah and Israel, continue to play a critical role in shaping currency market dynamics. The potential for escalated conflict raises the risk of oil supply...
The outlook for the pair remains bearish in the short to medium term, as the pair is entrenched in a downtrend defined by lower highs and lower lows. A variety of key factors are influencing this trajectory, including U.S. inflation data, Federal...
The currency pair experienced significant volatility in Thursday's trading session, fluctuating around the 1.2500 level. Early in the day, the strength of the U.S. dollar was the dominant force, pushing the pair lower. However, by the time of this...
The spot price started the day with a sharp decline, plummeting and breaking decisively below the psychological 1.0365 mark. However, the price managed to stabilize around this level, trading around 1.0360 at the time of this update. Despite the...
