Last week, the GBP/USD pair reached a fresh 30-month high, nearing the 1.3430 level, following a significant interest rate cut by the US Federal Reserve (Fed). The Fed’s decision to reduce rates by 50 basis points (bps) marked its first rate cut in...
The EUR/USD pair relinquished its earlier gains on Thursday following a broad weakening of the US Dollar (USD) after the televised Trump-Harris presidential debate. Analysts generally agree that Vice President Kamala Harris outperformed during the...
A strong entry point in the forex market is fundamental to achieving success in trading. Establishing an effective entry strategy requires relying on a well-tested approach that has been validated over extended periods. A good entry point minimizes...
The pair briefly touched the 1.1004 level on Thursday, before retreating back to its opening bids as market forces weighed on the Euro. After a short-lived technical recovery earlier in the week, the pair remains constrained, with traders shifting...
USD/JPY: Shigeru, Ueda, and ADP report The yen is losing ground again. After nearly a 500-pip rally, the Japanese currency has been falling against re greenback again. On Monday, the USD/JPY pair hit a two-week low, dropping to 141.66, reacting to...