GBP/USD at 1.3000: Can UK Data Push It to 2-Year Highs?
Key Insights GBP/USD approaches 1.3000, supported by expectations of Fed rate cuts and UK political stability US Dollar finds some…
EUR/USD Surges to 1.0900: Will 200-Day SMA at 1.0803 Hold?
Key Insights EUR/USD extended gains for the third consecutive week, reaching 1.0900 level Weakening US Dollar due to lower inflation…
EUR/USD Analysis: Euro Finds Stability Above 1.0800
Key Insights EUR/USD has stabilized above 1.0800, trading above both 20-day and 50-day EMAs (1.0750 and 1.0770). The pair has…
GBP/USD Price Forecast: Can Sterling Sustain its Rally Above 1.2800?
Key Insights GBP/USD is trading near a three-week high of 1.2820, having broken above the 78.6% Fibonacci retracement level at…
Why the Dollar Fell Against World Currencies to It’s Lowest of 2022
Key Insights The US dollar index (DXY) has experienced a 4% decline since June, reaching its lowest value since April…
Fed Minutes Affirm Hawkish Monetary Policy Outlook, Fueling US Dollar’s Rally
Key Insights Fed officials express concerns about inflation, viewing it as biased to the upside and slowing less rapidly than…
US Dollar Set to Extend Gains Against Chinese Yuan in Q3 2023
Key Insights US Dollar is expected to continue strengthening against the Chinese Yuan in Q3 2023. Chinese export contractions and…