The USD/JPY currency pair has been a focal point for market participants recently, driven by contrasting monetary policy decisions from the Federal Reserve (Fed) and the Bank of Japan (BOJ). The U.S. dollar has benefited from the Fed's cautious yet...
USD/CAD Market Outlook Greetings and Good Morning guys! The Canadian CPI Rate was negative. So, the market price of USD/CAD bounced up and crossed the 1.4325 zone. It is not a better scenario for the sellers. Also, it is worth noting the broader...
Let’s start with the weekly chart of the D1 period - the AUDUSD currency pair. Yesterday evening, the covered news came out - FOMC Economic Forecasts, the US Federal Open Market Committee Statement, the US Federal Reserve Interest Rate Decision, the...
The upcoming PMI data from both the Eurozone and the U.S. will be pivotal in determining whether the price can regain any bullish momentum. Market participants are closely watching these releases for signs of recovery in the Eurozone or continued...
GBP/USD Today, I’ve been analyzing the GBP/USD pair, and here’s my take on the current market situation. Fundamental Analysis The UK’s latest CPI data came in softer than expected, dropping to 3.1% YoY for November from 4.0%. This aligns with the...
