USDCNH Drops as Chinese Banks Cut Rates
The offshore yuan fell to about 7.15 per dollar. This was a further drop from its six-month high. This happened because major Chinese banks...
December 26, 2023
EURUSD Bullish Run: A Look at Upcoming Trends
On Tuesday, the EURUSD pair saw a positive start, trading just above its November high of 1.1017. This uptrend is fueled by the market’s...
December 26, 2023
AUDUSD Analysis – December-25-2023
The AUDUSD pair is trading under $0.68, at its highest in five months. This is due to recent US economic data suggesting that the...
December 25, 2023
GBPUSD Analysis – December-25-2023
The UK’s currency, the Pound, has risen above $1.27. This comes as investors look at new data and consider what might happen with monetary...
December 25, 2023
Euro Hits 5-Month High Amid Dollar Weakness
The euro has recently risen to $1.1, marking its highest value in the past five months. This increase is largely due to the weakening...
December 25, 2023
USDJPY Analysis -December-22-2023
The currency pair experienced a significant drop after reaching the Ichimoku cloud. Presently, it’s trading beneath a resistance level outlined by the cloud. Observing...
December 22, 2023
