WTI Crude Oil Erases Gains Below 80.00

This week, financial markets are focused on the FOMC interest rate decision, as well as key economic indicators such as CPI and PPI. The Fed’s decision comes on the heels of rate cuts by the ECB and BOC, with expectations of a hold on rates in June. Investors are also looking for signals from the […]

The AUD/USD pair shows signs of potential resurgence as it trades near 0.6802, consolidating within a sideways range at its local peaks towards the end of August. The Australian dollar has appreciated by almost 4% over the month, bolstered by high consumer price index figures that underline persistent inflationary pressures in Australia. In July, Australian […]

GBPCHF reversed from support level 1.0690 Likely to rise to resistance level 1.0855 GBPCHF currency pair recently reversed up from the major support level 1.0690 (which stopped the sharp weekly downtrend at the end of 2022). The support level 1.0690 was strengthened by the lower weekly and daily Bollinger Bands. Given the strength of the […]