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
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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
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
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
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
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
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
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
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
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