The upcoming release of the US inflation data (CPI) and the Bank of Canada's (BoC) interest rate decision are expected to significantly impact the USDCAD currency pair's volatility. If the US inflation data exceeds forecasts, the USDCAD pair could...
EUR/ USD Price Movements We are currently analysing the price action of the EUR/ USD currency pair. The main event yesterday that affected the currency market was the decline of the American stock market. If the stock market decline continues, it...
EUR/USD is trading near 1.0500 in the European session on Wednesday. The pair is facing difficulties due to cautious market sentiment and renewed demand for the US dollar, as traders expect a rise in US inflation data that could affect the pace of...
The British pound saw a minor increase on Tuesday, rising nearly 0.2% to reach the 1.2800 level, a crucial resistance point that has recently hindered bullish momentum. As investors await the release of the US Consumer Price Index (CPI) inflation...
Technical Analysis GBP/USD D-1 GBP/USD cannot achieve any breakthrough in the border area of the same level 6/8 (1.26953). The pressure on the support in the borders form of the level 6/8 is increasing. In terms of possibilities, I continue to...
