The British pound (GBP) strengthened against the US dollar (USD) on Thursday, breaching the 1.2600 level as traders anticipated the release of UK retail sales data. A weaker-than-expected US jobs report contributed to the dollar's decline, providing...
The US Dollar Index (DXY) Empty FOMC Minutes, US Dollar Weakens Without Catalyst The US Dollar Index (DXY) fell about 0.4 percent after the release of the FOMC meeting minutes early this morning, returning to a three-day low of 106.70 entering the...
GBP USD As of February 21, 2025, the British pound (GBP) continues to exhibit strength against the U.S. dollar (USD), trading near its highest levels this year. This appreciation is influenced by a combination of domestic economic indicators and...
The USD/CHF currency pair encountered selling pressure during Thursday's Asian trading session, effectively halting its three-day upward trend that had propelled it to a weekly high of 0.9055, a level revisited from the previous day. The pair is...
Forecast of Crude Oil In my most recent technical analysis of Crude Oil, I highlighted the key price levels on the daily time frame chart over two days ago, and the price is still trading in that region. Crude oil tested the 50 EMA line during the...
