GBP/USD Forecast: Stunning Recovery Ignited by Robust UK Retail Sales Data
LONDON, UK – The British Pound staged a remarkable intraday recovery against the US Dollar on Friday, December 13, 2024, erasing early session.
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US Dollar Index Stands Firm: Crucial Gains Hold at 98.00 Ahead of Pivotal GDP and PMI Data
NEW YORK, January 29, 2025 – The US Dollar Index (DXY), a critical benchmark measuring the greenback’s strength against a basket of six.
Forex News
GBP/USD Technical Breakdown: Critical 50-Day MA Breach Exposes Pound to Alarming Vulnerability – Scotiabank Analysis
LONDON, March 2025 – The GBP/USD currency pair, commonly known as ‘Cable,’ has decisively broken below its 50-day moving average, a critical technical.
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US Dollar Index Soars: DXY Gains Critical Momentum Near 98.00 Ahead of Pivotal US GDP and PCE Data
NEW YORK, April 2025 – The US Dollar Index (DXY), a crucial benchmark measuring the greenback’s strength against a basket of six major.
Forex News
Japanese Yen’s Alarming Slide Persists as National CPI Cools, Testing BoJ Resolve
TOKYO, Japan – March 2025: The Japanese Yen continues its protracted struggle against a resilient US Dollar, a concerning trend now underscored by.
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Australian Dollar Stalls Near Critical Two-Week Low as Resilient US Dollar Awaits Crucial Economic Data
SYDNEY, Australia – The Australian Dollar (AUD) continues to trade perilously close to its weakest level in a fortnight against a resurgent US.
Forex News
Pound Sterling Vulnerable: GBP/USD Nears One-Month Low as Traders Anxiously Await US Data
LONDON, April 2025 – The Pound Sterling (GBP) finds itself in a precarious position against the US Dollar (USD), trading perilously close to.
Forex News
USD/CAD Holds Steady at 1.3700: How Soaring Oil Prices Battle a Resilient US Dollar
In global forex markets on Tuesday, the USD/CAD currency pair demonstrated remarkable stability, hovering firmly around the 1.3700 psychological level. This equilibrium emerges.
Forex News
AUD/USD Defiance: How Hawkish RBA Policy Clashes with Unyielding USD Strength in 2025
Sydney, Australia – March 2025: The AUD/USD currency pair demonstrates remarkable resilience, steadfastly holding above the critical 0.7000 psychological level. This defiance occurs.
Forex News
Oil Price Correlation with US Dollar Faces Critical Scrutiny – BNY Mellon Analysis Reveals Shifting Dynamics
For decades, a fundamental axiom guided traders and economists: a stronger US dollar typically meant weaker oil prices. However, groundbreaking analysis from BNY.