GBP/JPY Cross Exhibits Mixed Sentiment Amid UK Macroeconomic Data and Divergent Monetary Policies Introduction: The GBP/JPY cross has experienced a rebound from the weekly low around the 161.25 area, gaining…
China’s Economic Recovery Faces Challenges, Influencing Market Outlook, and Growth Prospects Introduction: China’s economic rebound has been uncertain, impacting market outlook and growth prospects. Despite a decline in exports to…
U.S. Stocks Set to Open Lower as Economic Outlook Remains Uncertain Ahead of Fed Meeting U.S. stocks are expected to open marginally lower on Tuesday, continuing to retreat from last…
U.S. Dollar Surges on Positive Jobs Report, Federal Reserve’s Hawkish Stance Introduction: The U.S. dollar exhibited strength in early European trade on Monday following an impressive jobs report, leading traders…
USD/INR extends downside after Head and Shoulder breakdown. USD/INR Consolidates Around Immediate Support The USD/INR pair is currently undergoing a consolidation phase as it defends its immediate support level of…
USD/INR Faces Support Test Amidst Interest Rate Expectations and Chart Breakdown Introduction The USD/INR pair is currently facing a crucial test as it strives to defend its immediate support level…
Yuan Stability Amidst Evergrande Crisis: Analysts Remain Confident Introduction: The ongoing crisis surrounding China Evergrande Group has sent shockwaves through global markets. However, analysts expressed confidence that the nation’s currency,…
In the Forex market, GBPUSD is flat at 1.36705. The USDJPY is up 0.33% at 114.525. The USDCHF is up 0.11% at 0.9149. EURUSD down 0.02% at 1.14125, EUR/GBP up…