EURUSD: This Week, It’s the ECB’s Turn to Play a Role

EURUSD on Friday fell from a 1-week high and closed down -0.23%. The Dollar recovery weakened the euro, in addition to weaker than expected...

GBPUSD: Short-term Technical Correction?

The Pound hovers around $1.3125 at the start of September, having gained 2.1% in August, as expectations of monetary policy divergence between the US...

Pound reaches new record highs for 2024, after US jobs revision

The British Pound rallied to over $1.3000 the highest since July 2023, as the US dollar weakened. The dollar has fallen as expectations of...

USDCHF: Bearish Trend Persists at 0.8500 Psychology Level

USDCHF weakened to around the 0.8500 level amid concerns about US economic growth, following a disappointing jobs report. This has led to speculation, that...

Prospects for Yen and Franc, as Hedging Assets

US President Joe Biden unexpectedly announced that he will complete his current term, but not run for re-election. This development introduced a new layer...

AUDUSD Stands at 0.6700 Round Figure

AUDUSD stabilised around 0.6700 halting recent declines, as investors reacted to the latest employment figures. Data showed that Australia added more jobs than expected...

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