USDCHF Breaking Key Level, Reaching Top Level Since Christmas
USDCHF Closed Bullishly and Break Its Daily Resistance Yesterday, USDCHF closed with a strong bullish trend and successfully breaking the key level at 0.91900. The main reason of this bullish is the Fed decision to increase US interest rate. Moreover on last Wednesday FOMC, Fed gave hawkish signal that leads to appreciation value for USD. View more
EURGBP Keeps Declining with Rising Interest Rates
Euro Pound Falling Down to a Near Long-term Support After the Bank of England (BoE) increased UK’s interest rates at the end of last December, Pound Sterling’s value increased significantly, pushing the EURGBP pair further down, breaking the weekly and daily support, reaching out to the monthly support. From an inflation perspective, the UK inflation View more