Posts Tagged: US Bureau of Economic Analysis (BEA)

GBP/USD Struggles to Hold Gains as Dollar Recovers Post-PCE; Market Awaits Inflation Data

By Usman Ahmed January 31, 2025, 10:35 am • Posted in Forex

The GBP/USD currency pair hovered near 1.2420 but struggles to maintain upside momentum as the US Dollar (USD) gains modest support following the Personal Consumption…

USD/CAD Surges Towards 1.3230 Amid Rate Hike Expectations from Fed and BoC

By Usman Ahmed July 28, 2023, 5:45 pm • Posted in Forex

The US Dollar/Canadian Dollar exchange rate dropped from 1.3248 to 1.3225, a gain of 0.01%. Gains in GDP are suitable for the dollar. As we…

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