I am closely monitoring the GBP/USD pair as it opens the week with a sharp southern gap, plunging from 1.2407 to 1.2375, and I believe this sets a bearish tone for the days ahead. I previously advocated for short positions on the pound in my...
The AUD/USD pair is experiencing downward pressure in early Asian trading on Monday, retreating toward 0.6245 as the US Dollar (USD) strengthens amid escalating trade tensions. Market sentiment remains cautious after former US President Donald Trump...
Market Fundamentals: Recent economic data from the United Kingdom (UK) has reinforced expectations of potential interest rate cuts, adding to global monetary policy speculation. British Gross Domestic Product (GDP) showed a modest 0.1%...
The GBP/USD pair has extended its losses, revisiting the 1.2420 area, as the US Dollar regained momentum following the release of the US Nonfarm Payrolls (NFP) data for January. Despite a brief pullback on Thursday, the pair remains above an...
USD/CAD Analysis Good Morning to everyone! The market sentiment of USD/CAD will remain in favor of buyers this week, as bullish momentum continues to support the pair. Key fundamental events, including the US Retail Sales data and Fed Chair Powell's...
