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Gold Prices Retreat Slightly, but Bullish Sentiment Prevails Gold (XAU/USD) price dropped by 1.2% on Friday after hitting a five-week high the day before. Despite the decline, prices are still set to...
EUR/USD: No Light at the End of the Tunnel EUR/USD is down by 4.78% year-to-date and has been stuck in a range since the ECB signaled the end of its rate hike cycle more than a year ago. Despite a...
The ECB implemented a 25bps rate cut, with some policymakers favoring a larger 50bps cut, and signaled potential for further cuts in the upcoming meetings. The BoE is expected to hold rates at its...
GBP/USD remains in negative area But holds beyond the downtrend line RSI and MACD give some optimistic views GBP/USD is experiencing a new bullish attempt to remain above the short-term descending...
A week that saw a lot of choppy price action as markets awaited the US jobs report on Friday. A stellar jobs print of 227k and a slight uptick in the unemployment rate to 4.2% appear to have sealed a...
Fed speakers on the wires ahead of the usual blackout period The dollar remains on the back foot; stocks are feeling the pressure Gold trades sideways, as bitcoin retreats from its new all-time...
The GBP/USD pair has risen to 1.2711, marking the third day of sustained buyer activity. This upward movement comes from comments from Bank of England Governor Andrew Bailey, who hinted at potential...
GBP/USD in bullish correction in short-term. RSI and MACD head north. The GBP/USD has shown a bullish tendency over the last one-and-a-half-year. GBP/USD has been in a rising correction mode over...
EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential. Meanwhile, December is the most bearish month of the year for USD/JPY, and it’s carrying bearish short-term...
This will be a full week of trading with significant market-moving economic data on the agenda. It begins Monday with the ISM Manufacturing report and concludes Friday with the Jobs report. However,...
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