The GBP's Recent Weakening and Market Dynamics The Pound Sterling (GBP) has been facing a challenging period in the foreign exchange markets, marked by a continued weakening trend. This decline in the GBP's value is primarily attributed to recent re...

Introduction In the world of international finance, currency markets are constantly in flux, reacting to a myriad of economic and geopolitical factors. One such recent development saw the Euro (EUR) regain some of its balance against the US Dollar (...

Introduction In a recent release of official data by Eurostat, Eurozone's retail sales for the month of July registered a 0.2% month-on-month (MoM) decline. This data came as a surprise to the market, which had anticipated a different outcome. This ...

Introduction In the ever-volatile world of currency trading, the AUD/USD pair has recently experienced intense selling pressure, leading to a sharp decline in its value. This article delves into the factors behind this downward spiral, which has bro...

Introduction In the ever-volatile world of forex trading, staying ahead of the curve is crucial for success. In this article, we delve into a 24-hour view of the USD's performance, offering insights into potential trends and resistance levels. Our a...

ECB Rate Hike Uncertainty As the European Central Bank (ECB) approaches its September meeting, financial markets are abuzz with uncertainty regarding the possibility of another policy move. The outcome of this meeting is becoming a closely watched e...

Introduction In a recent turn of events, the U.S. dollar found itself in a precarious position, slipping to a two-week low against the euro and a basket of currencies. The catalyst behind this currency shake-up was the release of data indicating tha...

Introduction In the ever-evolving world of forex trading, keeping an eye on the expert opinions and analyses can be the key to making informed decisions. Economist Lee Sue Ann and Market Strategist Quek Ser Leang, both affiliated with UOB Group, hav...