Forex Traders Portal

The GBP/USD currency pair traded slightly more actively on Wednesday than it has in most cases over the past few months, and there is a clear reason for this—the...

The EUR/USD currency pair traded very sluggishly for most of the day on Wednesday. This is not particularly surprising, as there were no significant events or reports scheduled for yesterday...

The GBP/USD currency pair was trading lower on Wednesday and left the sideways channel of 1.3096-1.3212. The price also crossed below the Senkou Span B line, raising concerns that this...

The EUR/USD currency pair traded ultra-weakly for most of the day on Wednesday, then collapsed in the second half. Of course, "collapsed" is a strong term, as the total decline...

According to the minutes of the Federal Reserve's meeting released on Wednesday, the Federal Open Market Committee (FOMC) reaffirmed the deterioration of the labor market but expressed increased concern about...

As of publication on Wednesday, the NZD/USD pair was trading around 0.5600, down 1.10% for the day. The currency reached an eight-month low amid disappointing New Zealand data...

The price of West Texas Intermediate (WTI) crude oil remains under pressure, trading above the round $59.00 level. The market feels this pressure as participants assess mixed indicators regarding U.S...

Recently, we have learned a lot about the upcoming Federal Reserve meeting in December. Almost all FOMC governors have spoken, and the market has come to realize that Jerome Powell...

The UK inflation data released on Wednesday put pressure on the British currency, including against the dollar. The GBP/USD pair has broken below the support level of 1.3100 (the lower...

The euro can be criticized and sold, but it should not be underestimated. According to ING, EUR/USD is undervalued by approximately 1%, so weak U.S. labor market data will allow...