Pounds Slump Amid US Dollar Strength, Down 0.57%Forex

Pounds Slump Amid US Dollar Strength, Down 0.57%

Key Points: Pound Sterling slumped due to the strong US Dollar, higher US yields, and quiet European markets. GBP/USD trade…

USD/JPY at 151.25 Amid Inflation, Fed SignalsForex

USD/JPY at 151.25 Amid Inflation, Fed Signals

Key points: USD/JPY trades at 151.25, experiencing a marginal decline of 0.09%. The US Core PCE Price Index moderates inflation,…

USD/CAD at 1.3543: PCE Data & Rate Decision LoomForex

USD/CAD at 1.3543: PCE Data & Rate Decision Loom

Key Points: The USD/CAD pair stands at 1.3543, slightly retreating from the session high of 1.3560. February’s 2.5% meets expectations…

EUR/USD Edges Up 0.02%, Focus on Powell’s SpeechForex

EUR/USD Edges Up 0.02%, Focus on Powell’s Speech

Key points: EUR/USD is currently trading at 1.0788, showing a modest increase of +0.02%. Economic indicators reveal the Core PCE…

NZD/JPY Falls 0.43% to 90.40, Signals Market ShiftForex

NZD/JPY Falls 0.43% to 90.40, Signals Market Shift

Key Points: NZD/JPY experienced a 0.43% decline to 90.40. Bears dominated, pushing the price below the pivotal 100-day SMA. The…

Canadian Dollars Climb for 4 Days Amid GrowthForex

Canadian Dollars Climb for 4 Days Amid Growth

Key Points: The Canadian Dollar has traded higher for the fourth consecutive day, reflecting a positive market sentiment. Recent GDP…

GBP/JPY is at 191; Wall Street Ends Q1 MixedForex

GBP/JPY is at 191; Wall Street Ends Q1 Mixed

Key Points: GBP/JPY stands near 191.00, showing resilience in recent trading sessions. The S&P 500 and Dow Jones are in…

European Central Bank vs. Fed: Divided Rate PathsForex

European Central Bank vs. Fed: Divided Rate Paths

Key Points: European Central Bank adopts a dovish stance, signalling potential interest rate cuts in June, with key officials echoing…

Mexican Peso Surges and USD/MXN Dips to 16.53Forex

Mexican Peso Surges and USD/MXN Dips to 16.53

Key Points: USD/MXN rate hits an eight-year peak, dropping to 16.53. Unemployment dips to 2.5%, with the trade deficit narrowing…

Swiss Franc Dips, ZEW Optimism Surges to 11.5Forex

Swiss Franc Dips, ZEW Optimism Surges to 11.5

Key points: Swiss Franc is on a downtrend against the US Dollar as of the latest observations. Swiss ZEW survey…