Gold finds a floor on Thursday after experiencing a 3.0% fall on Wednesday following the news of Donald Trump’s victory in the presidential race. A stronger US Dollar, capital pivoting into riskier ...
GBP/USD builds its recovery momentum above 1.2900 in European trading on Thursday, moving away from its lowest level since ...
“FX volatility should continue to ease but remain elevated relative to year’s average. Trump's threat on tariff is clearly one of the biggest risks that markets are concerned about, but we do not know ...
Regarding the resistance, the NZD/USD pair is testing the 14-day EMA at 0.6000 level. A break above this level would improve the price momentum and support the pair to explore the area around the ...
Market consensus points to further easing by the Bank of England's (BoE) upcoming interest rate decision on Thursday. The BoE has held rates steady at 5.00% in the previous gathering, but shifting ...
The Pound Sterling rebounds sharply after posting a fresh 11-week low near 1.2830 against the US Dollar. The GBP/USD pair recovered after discovering buying interest near the 200-day Exponential ...
Silver (XAG/USD) remains on the back foot through the first half of the European session on Thursday, albeit manages to hold above the $31.00 mark. The technical setup, however, seems tilted in favor ...
Market consensus points to further easing by the Bank of England's (BoE) upcoming interest rate decision on Thursday. The BoE has held rates steady at 5.00% in the previous gathering, but shifting ...
The Pound Sterling (GBP) could retest the 1.2835 low; for now, it does not appear to have enough momentum to break below 1.2800. In the longer run, breach of the 1.2900 support suggest GBP could ...
“Threat of Trump tariff on all imports by up to 20% can hurt EUR as US was the largest partner for EU exports of goods in 2023. There are also concerns if Trump may interfere with support for European ...
As long as 1.0800 is not breached, the Euro (EUR) could drop to 1.0665 before stabilisation can be expected. In the longer run, price action suggests further EUR weakness; the levels to watch are ...
Fed Chair Jerome Powell will also address the recent jobs report, which was depressing, but skewed by hurricanes. Questions about the bump up in inflation will also be of interest. All in all, the ...