Hello, The EUR/USD pair weakened to around 1.0370 during Asian trading hours on Thursday. The rate cut by the US Federal Reserve pushed the US dollar higher and dragged the major pair down. From a technical perspective, the EUR/USD is bearish and is...
The British Pound (GBP) weakened against the US Dollar (USD) on Wednesday, despite the UK's higher-than-expected November inflation figures. While these figures could potentially deter the Bank of England from lowering interest rates, the overall...
THE CURRENCY PAIR GBP-USD Hi. I think the same about the southern targets, towards the 23rd figure. It is too early to consider a full-fledged return of the southern move on the GBP/USD instrument, since the bears made good points for a return...
AUD/USD Market Outlook Greetings and Good Morning guys! We can observe a slow market sentiment these days. And, the US news events were too good for the sellers of AUD/USD. So, that price crossed the 0.6317 zone yesterday. However, the market...
The GBP/USD currency pair staged a modest recovery last week, snapping a three-day losing streak that had pushed it down to the 1.2600 level. The pair gained over 0.5% on Monday, regaining some ground towards the 1.2700 range. While the UK services...