The EUR/USD currency pair continued its downward movement on Friday. This trend would have continued throughout the day without the University of Michigan Consumer Sentiment Index in the US. The index was much weaker than forecast, which halted the...
This year, Gold (XAU/USD) has had a fantastic meeting, reaching close to $2,450 at the beginning of May. Nevertheless, bullion has begun to recede more than 4% from its highs in the past few exchange meetings, indicating that the vertical force is...
Hello, Today, we focus on an in-depth analysis of the GBP/USD currency pair's price behavior, shedding light on current market conditions and offering strategic insights for traders. Currently, the GBP/USD pair is in negative territory, trading...
The EUR/USD currency pair demonstrated considerable volatility last week, marking a period characterized by significant fluctuations in its exchange rate. This notable activity was observed against a backdrop of various economic data releases and...
ECB to devise perfect timing of cautious rate cuts Germany’s financial policymakers offered a curious metaphor for the ECB interest rates. They compared the cycle of the ECB monetary easing to descending a mountain. The key issue now is to devise...