The USD/CHF pair rebounded from its recent losses, gaining over 0.36% and trading at 0.9048 at the time of writing. This recovery comes after the pair found solid support near the 50-day Simple Moving Average (SMA) at 0.8998, forming a “tweezers...
The NZD/USD currency pair is currently navigating a period of consolidation, trading within a defined range between the 20-day and 50-day simple moving averages (SMAs). Resistance is observed at the 0.5725 level, while support lies at 0.5740....
GBP USD The exchange rate between the British Pound (GBP) and the US Dollar (USD) is a key indicator of the economic relationship between the United Kingdom and the United States. As of February 7, 2025, 1 GBP is trading at approximately 1.2431...
Currency markets: the dollar is losing ground, the yen and the pound are rising The dollar hit an 8-week low against the yen and a 1-month low against the pound amid declining investor concerns about inflationary risks related to Trump's trade...
The USD/JPY pair has shown resilience above the 152.00 level during Thursday's European session, recovering from earlier losses driven by hawkish comments from Bank of Japan (BoJ) policymaker Tamura. A rebound in the US Dollar (USD) and a generally...
