Fundamental Analysis Category

Australian Dollar Nears Key Level Before US Retail Sales Data The Australian Dollar (AUD) saw a modest rebound on Monday, pulling away from its eight-week low of 0.6456 set last Friday. However, the AUD/USD pair faced resistance as traders gravitated towards the perceived safety of the US Dollar (USD) amid escalating tensions in the Middle

China’s March CPI Inflation Eases to 0.1%, Below 0.4% Forecast In March, China’s Consumer Price Index (CPI) experienced a marginal year-over-year increase of 0.1%, a notable deceleration from the 0.7% growth observed in February. This rise fell short of market predictions, which had anticipated a 0.4% increase. The slowdown in CPI growth is a significant

Pound Sterling Weakens Amid Rising Expectations of June BoE Rate Cut The Pound Sterling (GBP) displayed marginal declines but remained largely steady, hovering above the 1.2600 mark during Monday’s European trading session. The GBP/USD pair exhibited limited movement as market participants brace for the upcoming United States Consumer Price Index (CPI) data for March, set

Japanese Yen Loses Most Early Gains, Falling from Two-Week High Against USD The Japanese Yen (JPY), after reaching a two-week peak against the US Dollar (USD) during Friday’s Asian trading session, started to recede, trimming its early substantial gains to just modest levels. This retreat in the Yen’s value, however, is expected to be somewhat

Australian Dollar Struggles for Gains Against Strong US Dollar, Awaits ISM Services PMI The Australian Dollar (AUD) is striving to continue its upward trend for a second day on Wednesday, facing challenges against a backdrop of varied economic factors. The AUD/USD pair has found some support due to a weakening US Dollar (USD), primarily influenced