GBP/USD is finding stability in the 1.3430–1.3440 range as recent UK data prompts traders to reassess the true weakness of the British economy. In November, GDP experienced a 0.3% month-over-month increase, effectively reversing the -0.1% contraction observed in October and surpassing the consensus estimate of 0.1%. The latest monthly figure represents the most robust performance … Read more
The AUD/USD exchange rate experienced an upward trend over three consecutive days, driven by a weakening US dollar amidst worries regarding the Federal Reserve’s autonomy. The asset reached a peak of 0.6720, surpassing the previous week’s low of 0.6663. The Australian dollar experienced a rebound as investors continued to express concerns regarding the Federal Reserve’s … Read more
The USD/JPY cross is currently positioned between 157.7 and 158.2, reaching one-year highs and approaching the peak observed in January 2025. The price action indicates a clear and sustained uptrend: daily closes are consistently above the 21-day SMA near 156.5 and the 100-day SMA around 152.7. Additionally, momentum indicators such as RSI at approximately 62 … Read more
