Asian Currencies Tread Cautiously Amid Weak Economic Prints and Fed Meeting Anticipation. Introduction: On Wednesday, most Asian currencies displayed muted movements as disappointing economic data from China and Australia dampened
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GBPCAD: WEEKLY SCENARIO GBPCAD Technical Analysis: Weekly Chart In the weekly charts, GBPCAD is trading in an up channel. GBPCAD is currently trading above all SMA except MA(5). RSI is
EURCAD: WEEKLY SCENARIO EURCAD Technical Analysis: Weekly Chart In the weekly charts, EURCAD was trading in an up channel. EURCAD is currently trading above all SMA except MA (5). RSI
GBP/USD continues to decline towards 1.2350 despite a stronger US dollar. FUNDAMENTAL OVERVIEW In the European session, the GBP/USD is continuing to decline towards 1.2350. Amid concerns about China’s economic
NZDJPY: WEEKLY SCENARIO NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the
As USD sees renewed demand, GBP/USD eases to 1.2350 FUNDAMENTAL OVERVIEW The GBP/USD exchange rate is trading close to 1.2350, giving up gains made during European trading hours. Despite the
US DOLLAR, EURO, BRITISH POUND VS JAPANESE YEN. The upcoming release of US Consumer Price Index (CPI) data later today is anticipated to shed light on whether the recent rebound
The worst week for EUR/USD since September 2022 is expected. The US Dollar increased significantly on Friday, extending its weekly gains and sending the EUR/USD rate to its lowest point
USD/CAD Pair in Bullish Consolidation Phase Amidst Global Economic Concerns. The USD/CAD pair has been experiencing a bullish consolidation phase, oscillating in a narrow trading band around the 1.3800 mark,
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