The British pound is on a nasty slide, losing 1.8% since Monday. In the European session, GBP/USD is currently trading at 1.2294, down 0.53%. Earlier, the pound fell as low as 1.2237 (1%), its lowest level since November 2023. BRC store inflation...
Market Fundamentals: Chicago Fed President Austan Goolsbee recently shared his positive assessment of inflation and labor market trends during an interview on Bloomberg. He emphasized that, despite an encouraging jobs report, there are no...
In the past three days, the EURJPY currency pair has faced downward pressure. Its price was rejected below a key level in the daily chart at 164,883. Currently, it is testing the 50-day moving average support after falling below the 10-day and 5-day...
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Today, I see an interesting opportunity to consider long positions on the EUR/USD currency pair. The current price around 1.03082, relative to a set of moving averages, indicates a potential for bullish acceleration, suggesting upward momentum. My...