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24 02, 2026

Platinum price repeats the positive closes– Forecast today – 24-2-2026

By |2026-02-24T14:32:56+02:00February 24, 2026|Forex News, News|0 Comments


Copper price kept providing bullish trading, to move away from $5.5100 support, taking advantage of providing bullish momentum by the main indicators, to settle near $5.8500.

 

The price needs extra positive momentum, which allows it to settle above $5.9700 level, to confirm its readiness to record extra gains by its rally towards $6.1200 and $6.2400, while the failure to breach $5.9700 might force it to provide mixed trading with a new chance to activate the bearish corrective track in the upcoming period trading.

 

The expected trading range for today is between $5.7200 and $5.9700

 

Trend forecast: Bullish





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24 02, 2026

Euro bulls hesitate as markets navigate through tariff uncertainty

By |2026-02-24T14:24:00+02:00February 24, 2026|Forex News, News|0 Comments

EUR/USD lost its traction in the second half of the day on Monday and closed the day virtually unchanged after starting the week with a bullish gap. Early Tuesday, the pair continues to edge lower and trades below 1.1800.

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.14% 0.07% 0.39% 0.02% -0.05% -0.05% 0.27%
EUR -0.14% -0.07% 0.24% -0.12% -0.19% -0.19% 0.13%
GBP -0.07% 0.07% 0.31% -0.05% -0.12% -0.12% 0.21%
JPY -0.39% -0.24% -0.31% -0.37% -0.43% -0.44% -0.10%
CAD -0.02% 0.12% 0.05% 0.37% -0.06% -0.07% 0.26%
AUD 0.05% 0.19% 0.12% 0.43% 0.06% -0.00% 0.33%
NZD 0.05% 0.19% 0.12% 0.44% 0.07% 0.00% 0.33%
CHF -0.27% -0.13% -0.21% 0.10% -0.26% -0.33% -0.33%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

The negative impact of the US traiff uncertainty on the US Dollar (USD) faded away in the American session on Monday. The bearish opening in Wall Street, followed by another bout of heavy selloff, allowed the USD to benefit from safe-haven flows and caused EUR/USD to turn south.

Meanwhile, the European Parliament decided on Monday to postpone a vote, which was originally planned for Tuesday, on the EU-US trade deal after US President Trump announced blanket 15% tariff in response to the US Supreme Court’s ruling against existing tariffs.

The European economic calendar will not feature any high-impact data releases on Tuesday. Later in the day, the Conference Board will publish the US Consumer Confidence Index data for February and the Automatic Data Processing (ADP) will release the Employment Change 4-week Average. More importantly, several Federal Reserve (Fed) policymakers will be delivering speeches.

In case policymakers note that the tariff uncertainty will cloud the inflation outlook and cause them to adopt a more patient approach to policy-easing, the USD could stay resilient against its peers and make it difficult for EUR/USD to shake off the bearish pressure. According to the CME FedWatch Tool, markets virtually see no chance of a rate cut in March and price in about a 80% probability of one more policy hold in April.

EUR/USD Technical Analysis:

The 20-, 50-, and 100-period Simple Moving Averages (SMAs) slope downward, while the 200-period SMA inches higher. Price trades beneath all four averages, keeping sellers in control. The 20 SMA at 1.1783 serves as nearby dynamic resistance. The Relative Strength Index (14) sits at 41, below its 50 midline, signaling subdued momentum.

The descending trend line from 1.2023 caps recoveries, with resistance seen at 1.1832. Measured from the 1.1590 low to the 1.2027 high, the 61.8% retracement at 1.1757 offers support. A break lower would expose the 78.6% retracement at 1.1684. A recovery through the trend-line barrier would ease bearish pressure, while a violation of Fibonacci support would extend the downside.

(The technical analysis of this story was written with the help of an AI tool.)

Euro FAQs

The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day.
EUR/USD is the most heavily traded currency pair in the world, accounting for an estimated 30% off all transactions, followed by EUR/JPY (4%), EUR/GBP (3%) and EUR/AUD (2%).

The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy.
The ECB’s primary mandate is to maintain price stability, which means either controlling inflation or stimulating growth. Its primary tool is the raising or lowering of interest rates. Relatively high interest rates – or the expectation of higher rates – will usually benefit the Euro and vice versa.
The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde.

Eurozone inflation data, measured by the Harmonized Index of Consumer Prices (HICP), is an important econometric for the Euro. If inflation rises more than expected, especially if above the ECB’s 2% target, it obliges the ECB to raise interest rates to bring it back under control.
Relatively high interest rates compared to its counterparts will usually benefit the Euro, as it makes the region more attractive as a place for global investors to park their money.

Data releases gauge the health of the economy and can impact on the Euro. Indicators such as GDP, Manufacturing and Services PMIs, employment, and consumer sentiment surveys can all influence the direction of the single currency.
A strong economy is good for the Euro. Not only does it attract more foreign investment but it may encourage the ECB to put up interest rates, which will directly strengthen the Euro. Otherwise, if economic data is weak, the Euro is likely to fall.
Economic data for the four largest economies in the euro area (Germany, France, Italy and Spain) are especially significant, as they account for 75% of the Eurozone’s economy.

Another significant data release for the Euro is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period.
If a country produces highly sought after exports then its currency will gain in value purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

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24 02, 2026

XAG/USD Holds Steady at $87.50 as Safe-Haven Demand Surges Amid Global Uncertainty

By |2026-02-24T10:31:59+02:00February 24, 2026|Forex News, News|0 Comments


BitcoinWorld

Silver Price Forecast: XAG/USD Holds Steady at $87.50 as Safe-Haven Demand Surges Amid Global Uncertainty

Global financial markets witnessed a significant development on Tuesday, March 18, 2025, as the spot silver price (XAG/USD) consolidated firmly around the $87.50 per ounce level. This stabilization follows a period of notable volatility and underscores a powerful resurgence in safe-haven asset demand. Consequently, investors are closely analyzing the silver price forecast for clues about broader market sentiment and economic direction.

Silver Price Forecast: Analyzing the $87.50 Consolidation

The recent trading session saw XAG/USD establish a strong support base near $87.50. Market data from major exchanges shows consistent buying interest emerged each time the price approached this threshold. This price action reflects a complex interplay of macroeconomic forces currently shaping the precious metals landscape. Analysts point to several key factors supporting this level.

Firstly, renewed concerns about global economic growth have prompted a strategic portfolio reallocation. Secondly, ongoing geopolitical tensions in multiple regions continue to drive capital toward traditional stores of value. Thirdly, currency market fluctuations, particularly in the US Dollar Index (DXY), have created favorable conditions for dollar-denominated commodities like silver. The metal’s dual role as both a monetary and industrial asset provides a unique demand profile that differs from gold.

Factor Impact on Silver (XAG/USD) Evidence/Context
Geopolitical Risk Positive (Safe-Haven Flow) Increased central bank diversification, retail bullion demand
US Dollar Strength Negative (Typically Inverse) DXY movements create buying opportunities in local currencies
Industrial Demand Positive (Long-Term Support) Solar panel, electronics, and automotive sector consumption
Real Interest Rates Negative (Opportunity Cost) Inflation data versus central bank policy remains key

The Driving Forces Behind Safe-Haven Demand in 2025

Safe-haven demand is not a monolithic force but a reaction to specific, verifiable pressures in the global system. In the current climate, this demand stems from three primary sources. Persistent inflation concerns, though moderated from previous highs, continue to erode the real value of fiat currencies. Investors therefore seek assets with intrinsic value and historical inflation-hedging properties.

Furthermore, equity market corrections in key technology and growth sectors have triggered a classic flight-to-safety move. Bond market volatility has also diminished the appeal of traditional fixed-income havens for some institutional players. According to recent commitment of traders reports, managed money positions in silver futures have shifted noticeably, indicating a change in professional sentiment. This institutional interest provides a substantial foundation for the current price level.

Expert Insight: The Industrial Demand Backstop

While financial demand captures headlines, the physical market provides crucial underlying support. Analysts from the Silver Institute emphasize the structural deficit in the physical silver market. Mine supply growth remains constrained, while industrial consumption continues its long-term upward trajectory. Key sectors driving this include:

  • Green Energy: Photovoltaic (PV) cell production for solar panels is a major and growing consumer.
  • Electronics: Silver’s superior conductivity makes it irreplaceable in many high-end components.
  • Automotive: The proliferation of electric vehicles (EVs) increases silver use in batteries and electronics.

This consumption creates a price floor that is increasingly resilient. Even during periods of weak investment demand, industrial offtake prevents severe price collapses. The current convergence of strong investment and industrial demand creates a uniquely bullish setup for the silver price forecast.

Technical and Fundamental Analysis Convergence

Chart analysis reveals that the $87.50 zone represents a significant technical confluence. It aligns with the 50-day moving average and a previous resistance level from late 2024, which has now turned into support. This technical strength bolsters the fundamental narrative. On-chain data for silver-backed ETFs also shows consistent inflows over the past month, confirming the physical backing for the price move.

Monetary policy expectations remain a critical watchpoint. Commentary from the Federal Reserve and other major central banks is parsed for hints about the pace of balance sheet normalization and interest rate paths. Historically, silver outperforms in the latter stages of a tightening cycle as the focus shifts to economic growth concerns. The current environment suggests we may be entering such a phase.

Conclusion

The silver price forecast remains cautiously optimistic as XAG/USD demonstrates resilience around $87.50. This stability is directly attributable to robust safe-haven demand fueled by geopolitical uncertainty and economic crosscurrents. The metal benefits from a powerful combination of monetary appeal and irreplaceable industrial utility. While volatility is inherent to commodity markets, the fundamental and technical foundations for silver appear solid. Investors and analysts will monitor upcoming economic data, central bank signals, and physical market indicators to gauge the next directional move for the silver price.

FAQs

Q1: What does XAG/USD mean?
XAG is the ISO 4217 currency code for silver, representing one troy ounce. XAG/USD is the exchange rate showing how many US dollars are needed to purchase one ounce of silver.

Q2: Why is silver considered a safe-haven asset?
Silver is a tangible asset with intrinsic value, limited supply, and a millennia-long history as a store of wealth. During times of market stress, inflation, or geopolitical tension, investors often allocate funds to precious metals to preserve capital.

Q3: How does industrial demand affect the silver price forecast?
Industrial consumption, which accounts for over half of annual silver demand, provides a consistent baseline of physical offtake. This creates a structural support level, making the market less reliant on purely financial investment flows and adding long-term price stability.

Q4: What are the main risks to a higher silver price forecast?
Key risks include a significant strengthening of the US dollar, a sharp rise in real interest rates that increases the opportunity cost of holding non-yielding assets, a deep global recession that crushes industrial demand, or a sudden resolution of geopolitical conflicts that reduces safe-haven buying.

Q5: How can investors gain exposure to silver prices?
Investors can use physical bullion (bars, coins), silver-backed Exchange-Traded Funds (ETFs), futures and options contracts on commodities exchanges, or shares in silver mining companies. Each method carries different risk, liquidity, and storage considerations.

This post Silver Price Forecast: XAG/USD Holds Steady at $87.50 as Safe-Haven Demand Surges Amid Global Uncertainty first appeared on BitcoinWorld.



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24 02, 2026

The EURJPY moves slowly– Forecast today – 24-2-2026

By |2026-02-24T10:23:00+02:00February 24, 2026|Forex News, News|0 Comments

Copper price kept providing bullish trading, to move away from $5.5100 support, taking advantage of providing bullish momentum by the main indicators, to settle near $5.8500.

 

The price needs extra positive momentum, which allows it to settle above $5.9700 level, to confirm its readiness to record extra gains by its rally towards $6.1200 and $6.2400, while the failure to breach $5.9700 might force it to provide mixed trading with a new chance to activate the bearish corrective track in the upcoming period trading.

 

The expected trading range for today is between $5.7200 and $5.9700

 

Trend forecast: Bullish



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24 02, 2026

Coffee price records negative targets – Forecast today – 18-2-2026

By |2026-02-24T06:31:00+02:00February 24, 2026|Forex News, News|0 Comments


The GBPJPY pair approached the previously waited main target by reaching 207.30 level which forces it to form some bullish corrective waves, affected by stochastic rally above 50 level, which allows it to recover some losses to settle near 208.15.

 

Note that the negative stability below 209.15 level represents main factor to confirm the previously suggested negativity, therefore, we will keep waiting for gathering extra negative momentum to reinforce the chances of reaching 207.05, while surpassing the barrier and holding above it will ease the mission of achieving several gains by its rally towards 209.85 reaching 207.05. 

 

The expected trading range for today is between 207.05 and 208.75

 

Trend forecast: Bearish





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24 02, 2026

Remains above nine-day EMA near 182.50

By |2026-02-24T06:22:06+02:00February 24, 2026|Forex News, News|0 Comments

EUR/JPY pares its recent losses from the previous session, trading around 182.60 during the Asian hours on Tuesday. The technical analysis of the daily chart points to a potential bullish reversal, with the currency cross holding slightly above the upper boundary of the descending channel pattern. However, the 14-day Relative Strength Index (RSI) at 46.84 (neutral) signals modest improvement in momentum without a clear trend resumption.

The EUR/JPY cross holds just above the nine-day Exponential Moving Average (EMA) at 182.57, while the 50-day EMA at 182.78 caps near-term recoveries. The short-term average has stabilized, and the medium-term slope is flattening, pointing to consolidation. Failure to reclaim the medium-term average would leave the pair vulnerable to range extension, while a sustained hold above the short-term average could keep dips contained.

A daily close above the 50-day EMA would cause the emergence of the bullish bias and support the EUR/JPY cross to explore the region around the all-time high of 186.88, which was recorded on January 23.

A break below the nine-day EMA could drag the EUR/JPY cross back into the descending channel and target the lower boundary of the channel around 177.30. Further declines below the channel would reinforce the bearish bias and put downward pressure on the currency cross to navigate the region around the four-month low of 175.70.

EUR/JPY: Daily Chart

(The technical analysis of this story was written with the help of an AI tool.)

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.06% -0.03% 0.17% 0.00% -0.14% -0.17% 0.12%
EUR -0.06% -0.09% 0.13% -0.05% -0.20% -0.23% 0.06%
GBP 0.03% 0.09% 0.21% 0.03% -0.11% -0.14% 0.15%
JPY -0.17% -0.13% -0.21% -0.16% -0.30% -0.34% -0.04%
CAD -0.00% 0.05% -0.03% 0.16% -0.14% -0.17% 0.12%
AUD 0.14% 0.20% 0.11% 0.30% 0.14% -0.03% 0.26%
NZD 0.17% 0.23% 0.14% 0.34% 0.17% 0.03% 0.29%
CHF -0.12% -0.06% -0.15% 0.04% -0.12% -0.26% -0.29%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

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24 02, 2026

WTI Crude Oil Price Forecast: $65 Floor in Peril? Iran “Peace Hopes” Trigger 1.5% Intraday Slump

By |2026-02-24T02:30:00+02:00February 24, 2026|Forex News, News|0 Comments


The Lowdown: WTI Crude Oil is backpedalling from six-month highs on February 23, 2026, with prices dropping to $65.50…


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Quick overview

  • WTI Crude Oil prices have dropped to $65.50, retreating from six-month highs as optimism around US-Iran nuclear talks fades.
  • The International Energy Agency has cut its global demand growth forecast for 2026, contributing to bearish sentiment in the market.
  • Record production from non-OPEC+ suppliers is expected to create a structural surplus, capping any long-term price rallies above $67.
  • Analysts predict a volatile 2026, with geopolitical shocks causing short-term spikes against a backdrop of fundamental oversupply.

The Lowdown: WTI Crude Oil is backpedalling from six-month highs on February 23, 2026, with prices dropping to $65.50 as optimism around US-Iran nuclear talks starts to fade the ‘war premium’. With the IEA cutting its demand forecast and a clear rejection at $67.03, we’re taking a closer look at whether oil is headed for a deeper correction towards $63 or if OPEC+ discipline can rescue the rally.

Market Update: Geopolitical Premium Takes a Hit as Oil Falls 1.5%

The ‘war premium’ that sent WTI Crude soaring to $67 just a few weeks ago is being put to the test. On February 23, 2026, USOIL took a 1.5% intraday hit, trading between $65.50 and $66.00 per barrel.

  • WTI Spot/Futures: Right now its trading at $65.55 – a pretty sharp reversal from that $67.03 mid-February peak.
  • Brent Crude: The global benchmark isn’t doing much better, down 1.3% and trading near $70.40.

What’s Behind the Sudden Shift in Oil Prices? The “De-escalation” Factor

The main driver behind today’s bearish price action is a sudden shift in the geopolitical narrative in the Middle East.

1.US-Iran Nuclear Deal Breakthrough?

Market players are pricing in progress on a potential US-Iran nuclear deal, with reports of an “understanding on guiding principles” between Tehran and Washington having taken some of the threat of military strikes or blockades off the table . As the fear of a conflict diminishes, a lot of speculative bets on rising oil prices are getting unwound.

  1. The IEA’s Demand Reality Check

Adding to the bearish mood , the International Energy Agency has cut its global demand growth forecast for 2026 all the way down to 850,000 b/d. This puts it at odds with OPEC’s more upbeat +1.4 mb/d projection . The IEA’s warning of a surplus coming due to growth from non-OPEC+ suppliers is really weighing on long-term sentiment.

  1. Non-OPEC+ Supply Growth Out of Control

While OPEC+ is sticking to its production quotas through March, record level production from the US, Brazil, and Guyana is expected to add +2.4 mb/d to global supply in 2026 . This structural surplus narrative is capping any long-term rally above $67.

WTI Technical Analysis: Rejection at $67.03 Suggests a Move to $64.45

The 4 hour chart for WTI Crude shows pretty clearly that price has rejected the $67.03 resistance level which is right at a critical horizontal supply zone .

WTI Crude Oil Price Forecast:  Floor in Peril? Iran “Peace Hopes” Trigger 1.5% Intraday Slump
WTI Crude Oil Price Chart – Source: Tradingview
  • Fibonacci Levels: Price has already slipped below the 0.236 fib level ($65.81) so its now resistance.
  • Downside Targets: Momentum suggests a further test of the 0.382 fib at $65.05 – then potentially a deeper path towards $64.45 (0.5 fib) and $63.84 (0.618 fib)
  • Dynamic Support: As long as oil manages to stay above the 50 period moving average ($63.78) and the 200 period MA ($62.47) the broader structure remains intact.

2026 Oil Forecast: Volatility Amid Surplus Risks

Analysts are bracing for a year of “two halves,” where geopolitical shocks provide short-term spikes against a backdrop of fundamental oversupply.

Scenario Target Price (WTI) Primary Driver
Bullish Case $70.00+ Failed Iran talks & persistent inventory draws
Base Case $67.00 OPEC+ discipline balancing high U.S. output
Bearish Case $50.00s IEA surplus forecast & successful nuclear deal

Bottom Line: The long term trend remains solid within an ascending channel – but today’s dip is a necessary cooling phase as the geopolitical fever breaks. Bulls need to keep an eye on the $64.00 support zone to stop a total breakdown.

Trade Idea: Sell below $65.00 aiming for $64.45 – with a protective stop loss above $66.50.

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.

His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.

His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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24 02, 2026

Critical Bearish Flag Pattern Emerges As Sterling Faces Mounting Pressure

By |2026-02-24T02:21:07+02:00February 24, 2026|Forex News, News|0 Comments





GBP/JPY Forecast: Critical Bearish Flag Pattern Emerges As Sterling Faces Mounting Pressure












































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23 02, 2026

EUR/USD, XAU/USD, GBP/USD, XAG/USD & More [Video]

By |2026-02-23T22:28:57+02:00February 23, 2026|Forex News, News|0 Comments


Join me for my weekly trading plan with this week’s forex analysis covering:

DXY, EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF, AUD/USD, NZD/USD

EUR/AUD, EUR/CHF, GBP/CHF, GBP/AUD, EUR/JPY, GBP/JPY

Bitcoin analysis – BTC/USD
Ethereum analysis – ETH/USD

Gold analysis – XAU/USD
Silver analysis – XAG/USD
Crude Oil analysis – WTI



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23 02, 2026

GBP/USD Forecast: Pound Sterling Firm but Political Risks Linger

By |2026-02-23T22:20:35+02:00February 23, 2026|Forex News, News|0 Comments


– Written by

The Pound to US Dollar (GBP/USD) exchange rate found a modest footing at the start of the week, with USD being dented by US trade policy uncertainty.

At the time of writing, GBP/USD hovered close to $1.3480, unchanged from the session’s opening levels.

The US Dollar was muted at the start of this week as investors grappled with fresh uncertainty linked to US tariff strategy.

This follows the US Supreme Court ruling on Friday overturning Donald Trump’s tariff framework introduced under emergency economic powers legislation. In response, the White House swiftly announced a new blanket tariff of 10%, which was then increased to 15% over the weekend.

The rapid sequence of policy changes has left investors seeking clarity, particularly regarding whether previously negotiated trade arrangements remain valid and whether US importers could reclaim costs tied to earlier duties.

Despite this uncertainty weighing on sentiment, downside pressure on the ‘Greenback’ remained somewhat limited as geopolitical tensions, including speculation over possible US military action involving Iran, encouraged some cautious positioning.

Sterling edged higher through Monday’s trading session, building on momentum generated by a run of upbeat UK data released late last week.

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Stronger retail sales figures, alongside resilient PMI readings, helped reinforce confidence in the UK’s economic outlook. These releases were complemented by data showing the government recorded a sizeable budget surplus in January, welcome news for Chancellor Rachel Reeves ahead of the upcoming Spring Statement.

However, gains in the Pound were restrained by domestic political uncertainty ahead of Thursday’s Greater Manchester by-election.

A weaker-than-expected performance for the Labour Party could renew scrutiny surrounding Prime Minister Keir Starmer’s leadership, introducing an additional layer of risk for GBP investors.

GBP/USD Forecast: Inflation Outlook and BoE Testimony in Focus

Movement in the Pound US Dollar exchange rate may hinge on comments from Bank of England Governor Andrew Bailey and Monetary Policy Committee member Megan Greene, who are due to appear before the Treasury Committee on Tuesday.

Any indication that policymakers are becoming more comfortable accelerating interest rate cuts as inflation slows could weigh on Sterling sentiment.

Meanwhile, with the US economic calendar relatively quiet, the US Dollar may remain primarily driven by developments surrounding trade policy uncertainty during the early part of the week.

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