The US Dollar set a fresh seven-month-low this week while testing a key spot of support at the 50% mark of the two-year-trend. The daily price of Dollar Index (DXY) is located below Ichimoku cloud in the bearish area of the chart: the price was stopped by bearish triangle pattern with support level at 101.27 for the bearish trend to be continuing - the daily price is on flat or ranging market contiion for the waiting for the string trend to be started ...
The pound continues to grapple with many fundamental challenges. The main ones include stubbornly high prices, declining economic activity (spending). more...
The Australian Dollar made a six-month peak last week as the US Dollar continues to weaken with the Fed in focus. Local CPI data is due this week. Will it push AUD/USD higher? more...
Some tests show a whopping 5X improvement in transfer speeds. more...
Germany's producer price inflation eased for the third straight month in December to reach its lowest level in just over a year amid a moderation in energy prices, data from Destatis showed on Friday. more...