Market Fundamentals: The spot price maintains positive traction around the 0.5600 mark during Asian trading hours, supported by the People’s Bank of China’s (PBOC) decision to keep its Loan Prime Rates (LPRs) unchanged. Investors remain cautious...
USD/CAD Trends and the Impact of Recent CPI Data Overview of Recent Market Movements The USD/CAD currency pair has exhibited a significant downward trend in recent trading sessions, with a decline of over 1% over the past five trading days. This...
USDJPY Analysis Fundamental Analysis The USD/JPY pair continues to decline as global economic factors weigh on the dollar. The US dollar’s gains were limited by the US Federal Reserve’s cautious stance on interest rate hikes and a decline in US...
Weekly Analysis of USD/JPY Outlook Introduction As of yesterday, my expectation was for the USD/JPY currency pair to test the resistance level at 152.70. I had noted the potential for a pullback to the support level at 151.50 before a breakout above...
GBP/USD Price Analysis: Technical outlook GBP/USD falls 0.21% as Trump’s tariff threats fuel safe-haven demand. UK CPI jumps to 3%, exceeding forecasts, but BoE’s easing path remains intact. FOMC minutes in focus as Fed signals no rush to cut rates....
