Market Fundamentals: The recent rally in the US Dollar (USD) has driven it to its highest level since November 2023, putting pressure on major currency pairs, particularly the GBP/USD. The release of the latest employment figures from the UK showed...
I believe the price did not react significantly to yesterday's very impactful news on EUR, as there was no notable volatility. I observed that the price remained stuck in a sideways range between 1.0825 and 1.0775. I assume that, in honor of the...
The EUR/GBP pair has witnessed a significant surge, fueled by speculative activity that swiftly countered the pair's descent to a two-and-a-half-year low of 0.8220 in December. This rapid reversal propelled the pair to 0.8380, marking its most...
Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
GBP/USD When there is a strong trend/tendency, it is difficult to find an opportunity to open a deal, because there is practically no correction, and if there is, it is so crooked that it is not visible at the moment, it is then all beautiful in...
