GBPUSD daily Credit Agricole sees GBP as one of the best-performing G10 currencies, despite recent setbacks due to returning risk aversion and stickier-than-expected UK inflation. The GBP’s relative strength is attributed to expectations that the BoE will maintain rates, reinforcing its status as a top performer in the G10 FX space. Key Points: Recent Performance:
The USDCAD has climbed higher during the North American session following weaker-than-expected retail sales earlier today. This, coupled with a weaker CPI earlier this week, sets the stage for a rate cut by the Bank of Canada next week (Wednesday). Technically, the price has broken above a downward sloping trendline, maintaining the bullish trend established
Bitcoin (BTC) is showing a notable upward price trend, fueled by significant exchange outflows and bullish sentiment, with many eyeing the $72,000 mark as a potential target. This article focuses on the technical factors driving this trend and explores emerging opportunities in the crypto market such as the Minotaurus ($MTAUR) presale. Bitcoin (BTC) on the
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not