USD/JPY Market Analysis Greetings and Good Morning guys! Today, the US dollar has only one notable news event related to the 10-year Bond Auction. This event, while not typically high-impact, requires us to analyze all important factors that can...
EURUSD Price Analysis Expected Scenario The EURUSD price finished yesterday trading above the 1.0760$ level. Today, it has started with a bullish tendency, indicating a possible attempt to establish an intraday upward trend. This positive movement...
The US labor market data for May turned out to be significantly unexpected – nonfarm Payrolls in the US rose 272,000 in May (forecast was +185,000), average hourly earnings rose by 0.4% (previous month +0.2%), and the labor force decreased by...
On June 10th, 2024, the GBP/USD currency pair experienced a decline during the Asian trading session, indicating significant selling pressure in the market. This decline continued until it reached an important support level at 1.26871. However,...
Gold prices (XAU/USD) have retreated to the $2,420s, primarily influenced by global central bank policymakers' hesitance to commit to lowering interest rates. The precious metal typically underperforms in a high-interest-rate environment, as...