Forex Market News

ForexNewsPlus Updates

GBP/USD Hits 1.35 as BoE Cut Bets Fade

by

GBP/USD is positioned within the upper band of its recent range, currently around 1.3500–1.3530 after reaching a two-week high close to 1.3530. The market is evidently adhering to the 1.3530–1.3570 range as a significant resistance level – this area previously turned away price in early January and now serves as a crucial decision-making point. A … Read more

ForexNewsPlus Updates

USD/CAD Slides as Canadian Retail Sales Beat Expectations

by

The Canadian Dollar continues to strengthen against the US Dollar on Friday, bolstered by a generally weaker Greenback and robust Canadian Retail Sales figures that exceeded expectations. As of the current moment, USD/CAD is positioned at approximately 1.3767, indicating a fifth consecutive day of decline. The USD/CAD pair continues to fall as robust Canadian Retail … Read more

We use cookies to improve your experience.
Privacy Policy