Analysis

GBP/USD extended into a second day of a topside run, breaking through a firm supply zone and setting a fresh peak for 2024 near 1.2950.

The key support appears at the lower boundary of the ascending channel around 0.6675 level.

The USD/CAD pair consolidates in a tight range above the round-level support of 1.3600 in Thursday’s European session.

Global currency volatility has continued to drop rapidly as markets await developments on eurozone and US politics, as well as on the data side. The proxim

USD/CAD has been trading in a range since the start of May. At first it looked like the pair had formed a Symmetrical Triangle pattern but the pattern fail

The US Dollar appreciated after Fed’s Powell stated that a rate cut is not appropriate until the greater confidence of inflation slows down.

The USD/CAD pair remains capped within a narrow trading range around 1.3635 during the early Asian session on Wednesday.

The AUD/USD pair turns sideways in Tuesday’s European session after printing a fresh six-month high at 0.6760 on Monday. The Aussie asset consolidates as i

Key US consumer and wholesale inflation figures due later this week.

The AUD/USD pair trades close to a six-month high at 0.6760 in Monday’s New York session. The Aussie asset holds gains as the US Dollar (USD) is on the bac

The AUD strength holds amid stronger Australian economic data. 

The NZD/USD pair weakens to nearly 0.6115, snapping the two-day winning streak during the early Asian session on Friday.

Investing.com - The U.S. dollar slipped lower in early European trade Thursday as weak economic data raised expectations of interest rate cuts by the Feder

Fed officials maintain a cautious stance and refrain from committing to interest rate cuts. 

GBP/USD extended a near-term rebound on Wednesday, bolstered by a broad softening in US economic figures in the midweek market session.

Federal Reserve (Fed) Chair Jay Powell sounded cautiously optimistic on disinflation which, paired with recent PCE data, allows markets to keep betting on

The Pound Sterling (GBP) retraces to 1.2620 against the US Dollar (USD) in Tuesday’s London session. The GBP/USD pair weakens as market participants turn r

The US Dollar (USD) gains strength on Tuesday, with the bond market fretting over former US President Donald Trump’s spending plans.

GBP/USD rallied briefly above the 1.2700 handle on Monday before US markets knocked back investor confidence, sparking a risk-off bid into the US Dollar an

The USD/JPY pair extends upside near 161.45 on Tuesday during the early Asian trading hours.