GBP/USD loses its traction and trades below 1.2550 in the second half of the day on Monday. The US Dollar (USD) benefits from safe-haven flows and weighs on the pair as trading conditions remain thin heading into the Christmas holiday The Relative...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. The EUR/USD market price has fallen steadily, helping the price to pull back from the downtrend line. The struggling price is currently well below the 50-day simple moving...
Inflation falls to 2.4%: Markets respond with gains, but week remains a loss US stocks rally after weak trading After two straight losing sessions, US stocks ended the week on a positive note, as encouraging inflation data and comments from Federal...
The direction of the USD/CHF pair will be heavily influenced by broader market sentiment, as well as key economic factors and events. The U.S. Dollar has been benefiting from a combination of factors, including expectations of a stronger U.S....
EUR/USD stays on the back foot and trades slightly below 1.0400 following the earlier recovery attempt. In the absence of high-tier data releases, the negative shift seen in risk mood helps the US Dollar gather strength and forces the pair to...