Yen Strengthens on Bank of Japan's Statement The yen was the best performing major currency in trading on Thursday (20/2/2025) thanks to growing expectations of a Japanese interest rate hike. The USD/JPY currency pair posted a daily decline of...
I observe that sellers in the USDCHF currency pair are descending to the support zone for the third time, and I am curious to see how they will react to this level. I believe that if there is a rebound from this zone, growth could become relevant,...
I observe that the US dollar continues to weaken broadly across markets, and the USD/CHF pair is no exception. I note that the Swiss franc is gaining strength, pushing the pair lower as sellers dominate the momentum. I had initially anticipated a...
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...
Gold prices remain under the spotlight as market participants assess the Federal Reserve's stance on monetary policy alongside broader macroeconomic developments. With the Fed maintaining a data-dependent approach, traders are closely watching key...
