The spot price has reversed its two-day rally, pulling back from a four-week high of 161.95 reached on Tuesday, and is now trading around 161.40 during European hours. This decline is partly attributed to the release of mixed economic data from...
The Euro continues to be choppy and indecisive in the early hours of Tuesday, hovering around the important 1.05 level. The back-and-forth movement reflects market hesitancy ahead of key developments, particularly the Federal Reserve's upcoming...
The Cable is currently in a delicate balance, with short-term bullish momentum facing significant resistance levels and broader economic uncertainty. The pair's future direction will largely depend on a variety of factors, including U.S. tariff...
Silent Points about EURUSD: Yesterday’s release of the German Flash Services and Manufacturing Index on the negative side caused significant losses for EUR/USD buyers. The data pointed to weaker-than-expected performance in Germany's service and...
General Point about GBPUSD: The GBP/USD market has been under significant pressure in recent sessions, largely due to seller dominance. Despite the relatively positive economic data from the UK, including the Flash Services PMI rate, Claimant Count...
