GBP/USD Nears 1.3000 Psychological Level as USD Gains Strength
The sustained strength of the US dollar (USD), stemming from fewer wagers that the US Federal Reserve (Fed) will need to be…
By Arslan Ali Butt · Oct 15, 2024 · 4 min readFollow the latest forex news, central-bank decisions and currency-market analysis. AAFX.IO explains what is moving the dollar, euro, pound, yen and major FX pairs using verified macroeconomic developments and practical technical context.Explore: Forex basics · Technical analysis · Forex signalsWhat does this hub cover? Major currency pairs, central banks, inflation, employment data, interest rates and technical levels.
The sustained strength of the US dollar (USD), stemming from fewer wagers that the US Federal Reserve (Fed) will need to be…
By Arslan Ali Butt · Oct 15, 2024 · 4 min read
The USD/JPY pair continues to hold steady above the 148.25 level, which aligns with the pivot point and serves as a critical…
By Arslan Ali Butt · Oct 7, 2024 · 2 min read
EUR/USD plunged below the critical 1.1000 level on Friday following a stronger-than-expected US Nonfarm Payrolls (NFP) report for September. .
By Arslan Ali Butt · Oct 5, 2024 · 2 min read
The GBP/USD is trading relatively flat around $1.3165 during the early European session on Friday, holding above the $1.3100 psychological level.
By Arslan Ali Butt · Oct 4, 2024 · 3 min read
The US Bureau of Labor Statistics (BLS) is planning to release the highly anticipated nonfarm payrolls (NFP) report for September on Friday.
By Arslan Ali Butt · Oct 4, 2024 · 3 min read
The USD/JPY currency pair experienced a notable surge during the European trading session, rising to 143.55, reflecting a 0.90% increase for the…
By Arslan Ali Butt · Sep 19, 2024 · 3 min read
The US Federal Reserve (Fed) made a monumental move on September 18, 2024, cutting interest rates by 50 basis points (bps) following…
By Arslan Ali Butt · Sep 19, 2024 · 5 min read
The Federal Reserve’s next Federal Open Market Committee (FOMC) meeting is set for September 17-18, 2024. This meeting is highly anticipated by investors,
By Arslan Ali Butt · Sep 18, 2024 · 6 min read
The Reserve Bank of Australia (RBA) has officially prioritized the development of a wholesale central bank digital currency (CBDC) over a retail…
By Arslan Ali Butt · Sep 18, 2024 · 3 min read
The AUD/USD pair edged higher on Thursday, trading around $0.66738, supported by improved market sentiment and comments from former Reserve Bank of…
By Arslan Ali Butt · Sep 12, 2024 · 2 min read