The US dollar experienced a decline following the release of a mixed preliminary SP Global PMI report for July. While the overall composite PMI improved, driven by a surge in services sector activity, the manufacturing sector unexpectedly...
EUR/USD Weakens Near 1.0835 in Early Wednesday Asian Session: The EUR/USD exchange rate saw a decline, hovering around 1.0835 during the early Asian session on Wednesday. This movement reflects a blend of economic signals and remarks from central...
Presently, we are delving into analysing the EUR/USD currency pair's price action assessment. A potential rollback from the current level of approximately 1.0901 could occur without a significant drop, meaning we might wait to update the weekly lows...
## Analysis of the GBP/USD Currency Pair ### Current Market Situation As of the present, the GBP/USD currency pair is trading at 1.2897. The pair has been in a bearish trend for some time now, reflecting a gradual decline in the value of the British...
NZD/USD H-4 The New Zealand dollar has recently taken a significant hit against the US dollar, dropping to levels not seen in the past three months. Currently, the currency pair NZD/USD is hovering just above the crucial 0.6000 psychological mark,...