Forex Today: Focus Turns to Fed as Oil Prices Ease

Forex Today: Focus Turns to Fed as Oil Prices Ease

Market sentiment improved midweek as oil prices pulled back, shifting attention away from Middle East tensions and toward key central bank decisions. Investors are now closely watching upcoming policy announcements from the Federal Reserve and the Bank of Canada, along with fresh US inflation data. Geopolitical risks remain in the background. Iran confirmed that senior […]

GBP/USD Surges to Fresh Six-Month Highs Near 1.3250 Ahead of Key UK CPI Release

UK CPI Release

The GBP/USD pair is extending its bullish run that began on April 8, currently hovering around the 1.3250 mark during Wednesday’s Asian trading hours. Earlier in the session, the pair briefly reached a new six-month high of 1.3256. The ongoing rally is supported by improving global risk appetite, particularly after U.S. President Donald Trump announced […]