The Dollar begins the week on a weaker footing, weighed down by a modest pullback in US Treasury bond yields. This provides some support to the pair, though gains remain limited by the Reserve Bank of Australia's (RBA) dovish stance and persistent...
AUD/USD Good Morning guys! The market sentiment of AUD/USD looks in favor of buyers. Because, the Powell speech, and US CPI rates couldn't bring anything for the sellers of AUD/USD. So, we should trade carefully and according to the new market...
The GBP/USD currency pair remains in a firm upward trajectory, showing resilience above the key pivot point at 1.2417. This level serves as a crucial support that, as long as it holds, reinforces the case for continued gains. The market has...
The EUR/USD pair demonstrated resilience on Wednesday, recovering from early losses to climb back above the 1.0400 level. This rebound came despite the release of stronger-than-expected US inflation data for January, which initially weighed on the...
The latest Consumer Price Index (CPI) report showed headline inflation accelerating to 2.9% as anticipated, but the core CPI, which excludes volatile food and energy prices, rose at a slower pace of 3.2%. This reinforced market expectations that the...
