Commodity-linked currencies have moved into a stabilisation phase after a prolonged decline. Last week, pressure on the AUD and NZD eased slightly, and the pace of the downturn slowed. AUD/USD and NZD/USD are consolidating near major support levels — their yearly lows — where the market is weighing the chances of a short-term rebound against […]
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Bank of England policymaker Megan Greene said it is worth waiting “a little while” to see how the Iran conflict develops before deciding whether interest rates need to rise, warning that the latest energy shock Read more…
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GBP/USD is attempting a consolidation phase above 1.33500. USD/CAD is showing positive signs and might aim for more gains above 1.3725. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a recovery Read more…