I observe that the USD/CHF pair has rebounded sharply from recent losses, climbing over 0.36% to trade at 0.9048, a move that suggests renewed bullish momentum. I attribute this recovery to the pair finding strong support near the 50-day Simple...
USD/CAD trades with moderate profits near 1.4305 on Thursday late US session. Canadian ivey PMI shows that activity is declining in January. Investors carefully monitor reports from the US and Canadian labor markets, which are due later on Friday. A...
Fresh data from the Japan Statistics Bureau revealed that the National Consumer Price Index (CPI) surged 3.6% year-over-year (YoY), accelerating from the previous 2.9% reading. Core consumer prices, which exclude volatile food prices, rose as...
The latest economic outlook from China’s National Bureau of Statistics (NBS) reveals that the country’s economy remains generally stable, with signs of positive changes becoming more apparent. Consumption continues to show resilience, with a steady...
The forex market is poised for a volatile week as traders await key U.S. economic data releases, beginning with the ISM Manufacturing PMI report on Monday. However, the primary focus will be on Friday’s Nonfarm Payrolls (NFP) report, which is...
