The US dollar's recent weakness stems from easing inflation and increasingly dovish Fed commentary. Markets have already partially priced in a September rate cut, but further upside potential remains for EUR/USD. This is particularly true as political risks in the EU stabilize, returning the euro to pre-election levels.
Meanwhile, the ECB's wait-and-see...
Recent days have witnessed a robust bullish trend in the Australian dollar (AUD), largely fueled by a hawkish Reserve Bank of Australia (RBA). The RBA's commitment to maintaining a tighter monetary policy for a longer duration than other major central banks has bolstered the AUD.
Meanwhile, the US dollar's (USD) bullish momentum is waning as the Federal Reserve...
Tomorrow's Australian CPI data is a major event, so let's break down the factors influencing the Australian dollar and the Reserve Bank of Australia's (RBA) current position.
Unlike many central banks that are easing monetary policy, the RBA has the flexibility to consider further rate cuts. This unique situation, combined with the surprisingly strong March...
British Pound Analysis
The Bank of England's (BoE) decision to hold interest rates at its June meeting, despite UK inflation reaching the central bank's 2% target, was widely anticipated. However, the market now sees an increased likelihood of a rate cut in August, given the BoE's "finely balanced" decision and policymakers' divided opinions on potential...
With the Bank of England's (BoE) interest rate decision on the horizon, let's examine recent developments in GBPUSD, primarily through the lens of fundamental analysis.
Chart analysis reveals that recent GBPUSD fluctuations have been largely influenced by the US dollar's strength, fueled by the Fed's increasingly hawkish stance. Although a September rate cut by...
