There is now a significant technical resistance level looming almost immediately overhead GBP/USD.
April 24,2025
The US Dollar recovered off its intraday lows against many of its most traded counterparts on Tuesday amid an apparent effort by authorities in Beijing to enforce its minimum floors in numerous Chinese Renminbi pairs.
April 15,2025
The US Dollar fell in broad-based losses that came alongside simultaneous declines for US stock and bond markets last week as some public and private investors were said to have taken flight, perhaps like they were Israelites fleeing from the great house of Pharaoh.
April 15,2025
Scope for further upside.
April 24,2025
Sterling Gilts and US Treasuries rebounded on Thursday following earlier across the curve weakness that was incongruous with the then-global bid for government bonds, but the risk of episodic bouts of weakness lingers due to pressure on the Chinese Renminbi and prospect of further interventions in support of the currency.
April 10,2025
The US dollar rallied back from six-month lows against most major counterparts in North American trade on Wednesday after President Donald Trump announced a 90-day delay and a reduction to the reciprocal tariff imposed imports on all other countries from the White House last week.
April 10,2025
A recovery to 1.2947 and above is possible if pessimism about the US economy and a deterioration of other important fundamentals weigh on the greenback afresh.
April 24,2025
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