USD Index experiences pressure and challenges 104.00 In the fast-paced world of finance, where global currencies fluctuate continuously, the USD Index (DXY) has been in the spotlight recently. This article
EUR/USD Remains Stable near 1.0950: A Consolidation Phase Begins. FUNDAMENTAL OVERVIEW On Monday, the EUR/USD experienced stability as it fluctuated within a constrained channel, hovering around the 1.0950 mark. Following
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Before the US CPI inflation data, the EUR/USD reaches monthly highs above 1.0800. FUNDAMENTAL OVERVIEW Following an unexpected increase to -8.5 in June in Germany’s Economic Sentiment, the EUR/USD is
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U.S. Dollar Gains Ground as Rate Hike Expectations Grow Introduction In early European trading, the U.S. dollar saw a slight decline, but it remained on track for its third consecutive
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GBPUSD Technical Analysis: Weekly Chart In the weekly charts, GBPUSD is trading in an up channel. GBPUSD is currently trading above all SMA except MA(5). RSI is in the buying
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GBP/USD has come under renewed bearish pressure and declined below 1.2100 in the early European morning on Wednesday. The UK’s ONS reported that the annual CPI declined to 10.1% in
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USD/JPY reverses an intraday dip to a fresh weekly low, albeit lacks follow-through. A mildly positive tone undermines the safe-haven JPY and lends support to the pair. Bets for smaller
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USDZAR Technical Analysis: Weekly Chart In the weekly charts, USDZAR is trading in an up channel. USDZAR is currently trading above all SMA except MA (5). RSI is in the
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US Dollar Index is trading up 0.21% at 112.32 The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. government agreed to water
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GBPCHF Technical Analysis: Weekly Chart In the weekly charts, GBPCHF is trading in a downward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI
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