The currency pair saw renewed dip-buying interest at the start of the week, halting its corrective decline from last week’s high—the strongest level since March 2020. As the European session unfolds, spot prices show modest intraday gains and...
The currency pair retreated against the Dollar on Tuesday, hovering near the 0.6300 region after recent gains. The pair’s movements are influenced by diverging monetary policy outlooks between the RBA and the Federal Reserve (Fed). The...
The currency pair has risen sharply, reaching near 1.0440, fueled by a weakened US Dollar (USD) and the Euro’s (EUR) sustained performance. This surge comes on the back of strong Eurozone economic data, which have tempered expectations for...
GBP/USD Market Forecast Greetings and Good Morning to everyone! The GBP/USD traders should know that today's release of the ADP Non-Farm Employment data will be another key event for the market. This report estimates the growth of private sector...
The currency pair experienced a lackluster performance on Monday, testing the limits of the 1.2550 threshold before succumbing to downside pressure. By the close of the session, the pair had dipped approximately 0.2%, settling around the 1.2490...
