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Pboc sets usd/ cny reference rate for today at 7.1786 (vs. estimate at 7.2795)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade...

September 4, 2023, 1:15 am

Pound sterling price news and forecast: gbp/usd experienced losses due to us moderate economic data

GBP/USD portrays the pre-NFP consolidation while bouncing off 50-SMA amid the early hours of Friday’s trading, following the first daily loss in fou...

September 1, 2023, 1:59 am

Gbp to usd forecasts: bears eye sub-$1.2675 on services pmis

It is a relatively busy day for the GBP to USD. Finalized service sector PMI numbers from the UK will move the dial, with US-China chatter also in foc...

July 5, 2023, 5:30 am

Pound us dollar (gbp/usd) exchange rate wavers on faltering uk factory activity

The Pound US Dollar (GBP/USD) exchange rate traded erratically as downbeat UK manufacturing highlighted the flagging economy. At time of writing the G...

July 4, 2023, 6:29 am

Gbpusd wave analysis

GBPUSD broke key resistance level 1.2675 Likely to rise to resistance level 1.2880 GBPUSD currency pair...

June 16, 2023, 3:11 am

Gbp/usd jumps to fresh one-year high around 1.2675 area amid post-us cpi usd sell-off

The GBP/USD pair catches aggressive bids during the early North American session and rallies to a fresh one-year high around the 1....

May 10, 2023, 10:59 pm

Oil falls into the opec-cut gap in $2 decline ahead of inventory data

When a chart falls into a gap, that gap usually fills.WTI crude oil has fallen into the weekly gap that opened on the chart on the surprise production...

April 19, 2023, 2:10 pm

Why wednesday's us retail sales report could be stronger than expected

All the hype coming into this week was about the US CPI report but retail sales is more likely to offer clues about the state of the consumer and t...

February 14, 2023, 7:43 pm


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