February 6, 2025 The USD/JPY is currently trading at 151.428, with key support at 154.617 and resistance at 155.084. The market sentiment appears balanced, with a notable pivot level that could influence future movements. Technical Analysis: Moving...
The latest U.S. Consumer Price Index (CPI) report from the Bureau of Labor Statistics (BLS) indicated a moderate 0.2% increase in inflation, following a 0.1% decline in the previous month. Notably, the annual CPI growth dipped below 3% for the first...
The GBP/USD pair is trading in negative territory near 1.2400 on Thursday, struggling to regain momentum after the Bank of England (BoE) decided to cut its policy rate by 25 basis points (bps). Despite disappointing US economic data, which helped...
The cryptocurrency market continues to struggle, showing little urgency to recover. Currently trading around $3.3 trillion in market capitalization, it is consolidating at lower levels compared to previous weeks. Earlier, the market hovered near...
GBP/USD Fundamental Analysis: Today, GBP/USD is showing some volatility as market sentiment shifts around key economic data. The UK’s Services PMI came in slightly stronger than expected, which is a good sign for the economy. However, there’s still...
