Gold prices surged by over 0.80% after briefly dipping to $2,314, reflecting mixed signals in the US economy and steady PCE inflation, fueling expectations for potential Fed rate adjustments. The precious metal, a go-to asset in uncertain times,...
GBPUSD The market is closing above 1.7500, indicating that prices will continue their upward trend towards 1.2600. The third resistance level is 1.2700, and reaching this level indicates the existence of a strong uptrend. This move not only...
The Canadian dollar (CAD) displayed a contrasting performance on Friday. It gained ground against most major currencies but lost value compared to the US dollar (USD). This decline came as a result of strong US non-farm payroll data, which boosted...
Today, our focus centers on an in-depth analysis of the GBP/USD currency pair's price behavior, shedding light on the current market conditions and offering strategic insights for traders. Currently, the GBP/USD pair is navigating negative...
The USD/CHF currency pair experienced a notable upward movement, bouncing up and reaching approximately the 0.8970 level yesterday. This upward trajectory signifies a significant shift in market sentiment as buyers managed to drive the price higher,...