GBPUSD bearish ahead of Fed Interest Rate Decisions The recent performance of GBP/USD paints a picture of downward pressure, with a notable 0.5% decrease and
Dollar Index: The focus is largely on the upcoming Federal Open Market Committee (FOMC) meeting and the Non-Farm Payroll (NFP) data, which are significant for
EUR/USD slight pullback from Recent Lows, Key PCE Data for Friday holds Risk The EUR/USD currency pair has encountered a challenging phase, primarily influenced by
Dollar Index: The U.S. dollar is experiencing a significant rally, with the Bloomberg Dollar Spot Index registering its biggest weekly gain since September 2022. The
EUR/USD in short term bullish consolidation Technical Analysis: The EUR/USD pair experienced choppy trading dynamics, starting near the 1.0635 level, with overnight lows reaching down
GBPUSD consolidating after Stronger than Expected UK Inflation Figures Technical Analysis: GBP/USD closed modestly down at 1.2425, reflecting a contraction within the day’s range of
Dollar Index: Inflation Data:US inflation data came in higher than expected in March, reinforcing expectations that the Federal Reserve will maintain higher interest rates for