Fundamental Analysis Category

EUR/GBP Drops to 0.8550 Amid UK Job Woes, Lackluster German Inflation The EUR/GBP exchange rate has recently experienced a significant drop to 0.8550, marking a significant shift in the currency markets. This movement is not random; it reflects a complex interplay of various factors influencing both the Euro and the British Pound. From the Euro’s

Asian Currency Markets Subdued Amid Fears of Rate Hikes and Intervention Speculation Asian currency markets remained mostly stable on Friday as investors were looking for more indications regarding U.S. interest rate hikes. However, both the Chinese yuan and Japanese yen saw a slight rise due to ongoing speculation about potential government intervention in the currency

USD/CHF modestly gains near 50-DMA, bulls eyeing a move above 0.9000 The USD/CHF pair has been modestly gaining near the 50-day Simple Moving Average (SMA), with traders watching closely for a move above the significant 0.9000 level. This comes as the pair has continued to trade positively for the fourth day in a row. However,

AUD/USD Nears 0.6680 as FOMC Minutes and US Employment Data Awaited The Australian Dollar (AUD) is approaching 0.6680 against the US Dollar (USD), indicating a correction during the Asian trading period. This shift occurs as investors adopt a cautious stance in anticipation of the Federal Open Market Committee (FOMC) minutes and data on the US

Despite BoE’s Bailey’s Hawkish Stance, Sellers Approach 1.2600 Ahead of Powell’s Speech The GBP/USD pair is drawing closer to a 15-day low near the 1.2620 mark as Thursday’s London market opens for trading. Investors are seemingly giving more weight to the impending speech from Federal Reserve Chairman Jerome Powell than to the statements made by