GBP/USD surged to 1.3613 on Wednesday, reaching a three-month high. Investors are digesting fresh UK inflation and labour market data. Consumer inflation accelerated to 2.9% in July, up from 2.6% in June and in line Read more…
The US dollar has come under moderate pressure as long-term US Treasury yields have declined. Another factor has been the US Treasury Department’s decision to increase buyback operations for securities with maturities ranging from 10 Read more…
Market Overview The cryptocurrency market has risen by almost 8% over the past 24 hours to $2.37T, reaching its highest level since early June. The initial momentum came on the back of news that the Read more…
A lot of overtime workers filed their 2025 taxes this spring without completely knowing what they were doing. Not because they were careless. Because the IRS hadn’t given employers the tools to report the right Read more…
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EUR/USD’s rally continues today and the strong break of 1.1621 cluster resistance (38.2% retracement of 1.2081 to 1.1323 at 1.1613) solidifies the case that fall from 1.2081 has completed as a three wave correction at Read more…
USD/JPY’s break of 158.58 minor support suggests that rebound from 155.22 has completed at 159.76. Intraday bias is back on the downside for retesting 155.22 low. In case of another rise, strong resistance should be Read more…
GBP/USD’s rally continues today and intraday bias stays on the upside. Rise from 1.3139 would target 100% projection of 1.3139 to 1.3557 from 1.3272 at 1.3690. On the downside, below 1.3521 minor support will turn Read more…
USD/CHF’s extended decline argues that rebound from 0.7603 has completed with three waves up to 0.8205. Intraday bias is back on the downside for rising channel support (now at 0.7921). Sustained break there will solidify Read more…
Intraday bias in AUD/USD remains neutral and more consolidations would be seen first. Further rally is expected as long as 0.7026 resistance turned support holds. Above 0.7128 will extend the rise from 0.6864 to 161.8% Read more…