Forex

The British pound showed strength in trading on Monday, rallying once again. The pair is well above the ¥195 level, which is a significant psychological point. A few weeks ago, it…
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EUR/GBP is returning back inside a medium-term range after briefly moving above it. The pair is continuing its sideways trend and could potentially fall back towards the range…
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The US dollar saw an initial rally against the Swiss franc on Tuesday, but retreated as it hit a short-term barrier at the 0.91 level. However, there is strong support below, with…
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The EUR/USD pair is currently on the rise in a bullish channel, moving above the Ichimoku Cloud which indicates an uptrend. It is expected to test the Tenkan-Sen line at 1.0795 and…
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Credit Agricole's FAST FX model has identified that the EUR/JPY currency pair is currently overvalued, prompting the bank to recommend a sell trade. The model indicates that the…
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The Japanese yen continued to fall, reaching over 156 yen to the dollar, marking its lowest level in two weeks. This has raised concerns about potential intervention by Japanese…
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The Pound Sterling (GBP) reached a weekly high against the US Dollar (USD) at 1.2600 in Wednesday's London session. The GBP/USD pair remains strong as the US Dollar weakens ahead…
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The AUD/USD has recently encountered strong resistance at around 0.6650, causing its upward momentum to pause. In order to sustain its short-term uptrend, the pair must…
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The following are key talking points in the financial markets: US Consumer Price Index (CPI): The core CPI, excluding energy and food products, rose to 3.8% in March, driven by…
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The EUR/USD is currently trading near its highest level in over a month as traders eagerly await the release of key US inflation data that will impact future Fed policy. The…
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