GBP/USD Drops Below 1.3450 After UK Manufacturing PMI Release
The British Pound faced resistance at 1.3475 during early London trading on Friday, pulling back to the 1.3450 support level.…
Tag: Interest Rates
Australian Dollar Reaches Post-October High Amidst Weaker USD
The Australian dollar extended its two-week rally against a broadly weaker U.S. dollar on Wednesday’s Asian trading session, climbing to…
GBP/USD Trades Flat Around 1.3250 Following UK Budget Relief
The GBP/USD pair is holding steady near 1.3245 during Monday’s Asian session as market participants continue to process the UK’s…
NZD/USD Stabilizes Near One-Month High, Below Mid-0.5700s, Following Weaker Chinese Data
The NZD/USD pair is consolidating its recent strong gains near a one-month peak, touched on Friday, as it oscillates within…
XAG/USD Surges to Record High Above $57.50, But Overbought RSI Could Limit Silver’s Advance
Silver prices (XAG/USD) climbed to a fresh record high near $57.60 during Monday’s Asian trading hours. This surge followed reports…
Central Bank Policy (or Monetary Policy)Currency MarketsEconomic OutlookForex Analysis (Primary)Market Commentary
AUD Fails to Hold Gains Amidst RBA’s Prudent Posture
The Australian Dollar (AUD) is surrendering its daily gains against the US Dollar (USD) this Friday, even as the USD…
EUR/USD Contained Under 1.1600 as Fed Rate Cut Prospects Fuel Bullish Bias
The EUR/USD pair is ticking lower, trading around 1.1590 during Asian hours on Friday, following three days of gains. The…
Gold Holds Near Two-Week High but Stays Below $4,200 Despite Risk-On Sentiment
Gold (XAU/USD) is struggling to extend its positive move from the Asian session, which saw it reach a two-week top,…
GBP/JPY Pulls Back from Year-to-Date High, Dips Below 207.00 on Minor JPY Strength
The GBP/JPY cross has attracted some intraday sellers, pulling back from an Asian session high of 207.20 (a fresh high…
USD/JPY Advances as Japanese Yen Indecision Meets US Dollar Uptick
Despite Tokyo’s consumer inflation data surpassing forecasts, bolstering arguments for Bank of Japan (BoJ) policy tightening, the Japanese Yen (JPY)…