Fundamental Analysis Category

Pound Sterling Weakens Amid Rising Expectations of June BoE Rate Cut The Pound Sterling (GBP) displayed marginal declines but remained largely steady, hovering above the 1.2600 mark during Monday’s European trading session. The GBP/USD pair exhibited limited movement as market participants brace for the upcoming United States Consumer Price Index (CPI) data for March, set

Japanese Yen Loses Most Early Gains, Falling from Two-Week High Against USD The Japanese Yen (JPY), after reaching a two-week peak against the US Dollar (USD) during Friday’s Asian trading session, started to recede, trimming its early substantial gains to just modest levels. This retreat in the Yen’s value, however, is expected to be somewhat

Australian Dollar Struggles for Gains Against Strong US Dollar, Awaits ISM Services PMI The Australian Dollar (AUD) is striving to continue its upward trend for a second day on Wednesday, facing challenges against a backdrop of varied economic factors. The AUD/USD pair has found some support due to a weakening US Dollar (USD), primarily influenced

Australian Dollar’s Gains Limited by Stronger US Dollar, Awaiting ISM PMI On Monday, the Australian Dollar (AUD) showed signs of recovery, offsetting some of its recent losses. This upward movement appears to have been driven, in part, by encouraging Purchasing Managers Index (PMI) data from China, suggesting a positive outlook for the Australian economy due

Aussie Dollar Weakens Against Rising US Dollar, Awaits Retail Sales Data The Australian Dollar (AUD) continued its downward trajectory for a second day in a row during Wednesday’s trading session, with the AUD/USD pair facing losses. This decline comes in the wake of weaker-than-expected Australian consumer price data, sparking speculation about a possible shift in