GBP/USD: Sterling Retains Structural Support, but the Dollar’s Rate Advantage Is Re-emerging The cable remains constructive on the D1 structure, but the immediate upside case is becoming increasingly dependent on whether sterling can absorb a...
EUR/JPY broke above 179.00 in Thursday's trading after the ECB raised its deposit rate by a quarter percentage point to 2.50%. This is the ECB's second interest rate increase in the context of the US-Iran conflict. The rate hike was already...
Silver Technical Analysis. The XAG/USD (Silver/US Dollar) 4-hour chart reveals clear selling pressure during recent sessions, following the price's failure to sustain trading above the key resistance zone near $68.43. Price action indicates that...
GBP/USD Daily Outlook Update The pound sterling (GBP) is under pressure against the US Dollar (USD) on Thursday after the US producer price inflation report came in higher than expected, raising expectations of a more aggressive policy from the Fed....
Gold is correcting lower by roughly 0.90% on Thursday amid risk-off sentiment, as investors price in an aggressive stance by the Federal Reserve (Fed) following the release of U.S. August PPI data. Negative market sentiment is being driven by rising...
