FPG UKOUSD Market Report January 24, 2025
FPG UKOUSD Market Report January 24, 2025 UKOUSD experienced a trend reversal after touching the resistance at 81.506. Following a strong bullish movement that started late last year, the pair is now trading near 78.380, indicating a potential continuation of bearish momentum in upcoming sessions. In the weekly timeframe, UKOUSD showed signs of overbought conditions […]
Singapore Central Bank Eases Policy Amid Growth Concerns
Singapore Central Bank Eases Policy Amid Growth Concerns Singapore’s central bank, the Monetary Authority of Singapore (MAS), announced its first monetary policy easing in nearly five years on Friday, citing slower economic growth prospects and subdued inflation levels. The MAS stated that it would reduce the slope of the Singapore dollar nominal effective exchange rate […]