Megan Greene, a member of the Bank of England’s Monetary Policy Committee, recently emphasized the importance of gradually reducing interest rates as a means to balance economic stability with growth. When discussing inflation, Greene noted that key...
The catalyst behind the USD’s strength is stronger-than-expected US producer inflation data, which raises concerns about persistent inflationary pressures in the economy. While this may influence market sentiment, it is unlikely to shift...
The EURAUD currency pair is continuing to decline and is testing the 200-day moving average as dynamic support. Previously, the price that dropped sharply bounced back when it reached the 200-day moving average. However, there is a doji candlestick...
The GBP/USD currency pair, trading around 1.29204, currently shows a bearish trend. This movement reflects ongoing investor concerns and market sentiment, as factors such as economic reports, policy changes, and global risk events influence this...
The USD/CAD currency pair, currently trading around the 1.38970 mark, has been on a bearish trend recently, with movement slowing down. The loonie’s strength has been fueled by recent Canadian economic data that have shown moderate resilience, along...
