GBP/JPY moves on its upward trajectory for the third successive day, trading around 187.10 during the European session on Wednesday.
Blogs
ECB Lagarde: Agressive rate cut bets don't help ECB
Speaking on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos, European Central Bank (ECB) President Christine Lagarde said that she is “confident inflation will reach the 2.0% target.” Additional quotes Inflation is not where the ECB wants it.
PBoC is tolerating a slightly weaker Yuan – Commerzbank
China’s GDP growth met official target, but underlying data is a mixed bag.
Gold price languishes near weekly trough, 50-day holds the key for bulls
Gold price (XAU/USD) struggles to gain any meaningful traction during the Asian session on Wednesday and consolidates the previous day's downfall to the weekly low.
USD/MXN Price Analysis: Rises to near 17.25 followed by the 38.2% Fibonacci retracement
USD/MXN continues to gain ground for the third consecutive session on Wednesday, trading higher around 17.25 during the European session followed by the immediate resistance level around the 38.2% Fibonacci retracement at 17.43.
GBP/USD Putlook: Cable Jumped Around 0.4% in European Trading on Wednesday
<p><img width="507" height="337" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-gbp36.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>Cable jumped around 0.4% in
British Pound Gains Ground as UK Inflation Rises
<p><img width="612" height="383" src="https://www.actionforex.com/wp-content/uploads/2020/12/f-gbp158.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2020/12/f-gbp158.jpg 6
A Bearish Lull in Crypto?
<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin46.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin46
Gold Price Dips Again and Crude Oil Price Turns Red
<p><img width="512" height="335" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-gold16.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>Gold price is correcting gains b
NZDUSD Plummets Below 50-day SMA
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/07/f-nzd66.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/upload