GBP/USD lost further traction and battles to retain the 1.2500 mark after hitting an intraday high of 1.2575. Stock markets turned south after the release of upbeat American data, providing fresh legs to the US Dollar rally As of writing, GBP/USD...
EUR/USD came under selling pressure early in the American session following the release of United States macroeconomic figures. The December ISM Services PMI unexpectedly surged to 54.1, while November JOLTS Job Openings rose to 8.1 million, also...
The currency pair continues to trade steadily around the 163.50 mark during Tuesday’s session, supported by a weakening of the pair. This decline in the price is primarily attributed to uncertain market expectations regarding potential rate hikes....
The persistent inflation challenges in the UK, coupled with cautious fiscal policy developments in the US, have left forex investors adopting a "wait-and-see" approach. Macroeconomic data, such as inflation readings, provide short-term market...
The currency pair continues its downward trajectory, retreating from its recent high of 0.9097. As of Tuesday, the pair trades around 0.9092, while the Dollar hovers near 108.30, pulling back from a multi-year high of 109.00 reached earlier in the...
