Exploring GBP/USD’s Losses Below 1.2600: Powell’s Influence on the Horizon. Introduction In the dynamic landscape of currency trading, the GBP/USD pair finds itself grappling below the 1.2600 mark, veering towards
EUR/USD Remains Bearish Below 1.0950 Ahead of US Data Release Fundamental Overview EUR/USD is currently trading defensively below 1.0950 and remains close to multi-week lows. The US Dollar is enjoying
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EUR/USD Declines Toward 1.1050 After Mixed IFO Sentiment Data. Introduction In the aftermath of the German IFO survey, the EUR/USD faced downward pressure, falling towards the critical level of 1.1050.
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GBP/USD Drops Below 1.2850 as UK PMIs Disappoint Fundamental Overview As the UK Services PMI fell short of estimates with a reading of 51.1 in July, the GBP/USD is experiencing
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UK Inflation Decline Triggers FTSE 100 Surge. Introduction In a surprising turn of events, the UK inflation rate witnessed a decline, leading to a notable surge in the FTSE 100.
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FTSE 100 Technical Analysis: Weekly Chart FTSE 100 Trading in Down Channel on Weekly Chart In the weekly chart, the FTSE 100 is currently trading in a downward channel, indicating
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GERMAN BUND PRICE TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, German Bund is trading in a down channel It is trading below all SMA. RSI is in the selling