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GBP/USD consolidates around 1,2447 on Wednesday, when traders are holding back and waiting for key British economic data, relaxing at the end of this week. Key factors affecting GBP/USD At the beginning of this week, the British pound suppressed the...
Jerome Powell's Speech Fails to Impress Currency Traders The euro and pound responded in a rather unusual way to yesterday's comments from Fed Chair Jerome Powell, who stated that the central bank sees no need to rush with interest rate adjustments....
EUR/USD Analysis: Technical and Fundamental Outlook The EUR/USD currency pair shows signs of bearish momentum in the 1-hour time frame. According to technical analysis, the market price is below the 200-day simple moving average (SMA), suggesting...