Market Fundamentals: Recent US inflation data revealed that consumer prices rose more than anticipated, reinforcing expectations that the Federal Reserve (Fed) may keep interest rates elevated for an extended period to combat persistent price...
GBP/USD price forecast The US Dollar Index (DXY), which tracks the performance of the US Dollar against a basket of six major currencies, is attempting a modest recovery on Wednesday but remains near yearly lows at 106.50. Traders continue to weigh...
GBP/USD Greetings and Good Morning guys! The market scenario of GBP/USD looks in favor of sellers these days, with bearish sentiment dominating price action. The GBP has no particular news events to follow, leaving it vulnerable to broader market...
USD/CHF Greetings and Good Morning guys! The US Core Durable Goods and Unemployment Rates can help the buyers of USD/CHF cross the 0.9058 zone today. Key economic indicators will provide insight into the strength of the US economy and determine...
USD/JPY Daily Chart The USD/JPY market is currently downtrend and trading at 149.04 daily. The market is attempting to break the 149.0 support level, which could determine the future direction of price action. If the USD/JPY market breaks above...