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The UK Retail Sales arrived at 0% MoM in March, miss estimates. Core Retail Sales for the UK drops 0.3% MoM in March. GBP/USD stays weak near 1.2400 after mixed UK data. The UK Retail Sales came in at 0% over the month in March vs. 0.3% expected and 0.1% in February, the latest data published by the

The RSI on the daily chart of EUR/JPY indicates sustained bullish momentum. Hourly chart shows an RSI below its mid-zone and MACD with rising red bars, pointing towards possible consolidation. The EUR/JPY's position above main SMAs underscores a strong bullish bias. The EUR/JPY slightly declined to

Silver maintains modest gains supported by a still-bullish market sentiment despite high US Treasury yields. Technical outlook favorable as the Relative Strength Index (RSI) indicates buying activity despite a slight dip. Potential resistance and breakout points set at $28.75 and $29.00, with eyes o

UK inflation brings both optimism and caution. IMF growth projections highlight protracted wait for US cuts. US Dollar on the rise as inflation concerns persist. European markets have enjoyed a welcome reprieve from the selling pressure that has dominated much of the week, with mainland indices lead

USD/CHF edges lower to 0.9105 amid the softer USD on Wednesday. The uncertainties and escalating tensions in the Middle East might benefit the Swiss Franc (CHF). Fed’s Powell stated that monetary policy needs to be restrictive for longer, triggering the hope of delaying interest rate cuts. The USD/C

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