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 ...
Sui (SUI) edges down on Thursday and trades at around $2.24 after hitting a new all-time high (ATH) of $2.38 earlier in the day, buoyed by the victory of a crypto-friendly candidate, Donald Trump, in ...
The 2024 US election delivered a decisive victory for Donald Trump, with Republicans positioned to gain control of both houses of Congress.
The Bank of England (BoE) is set to slash borrowing costs by 25 bps, its second cut in this cycle. Investors will be watching ...
Gold price (XAU/USD) extends its losses for the second successive session on Thursday. The dollar-denominated precious metal faces downward pressure from a stronger US Dollar (USD) following the ...