On Monday, the spot price retraced its gains from the previous session against the Dollar. Supported by a hawkish Bank stance and stimulus measures from China, its largest trading partner, the price has showcased resilience in a challenging global...
The United States recently imposed expanded sanctions on Iran’s petroleum and petrochemical sectors in response to an Iranian missile attack on Israel, heightening concerns in the global oil market. As reported by Reuters, these sanctions add a...
The currency pair’s trajectory is poised at the intersection of several pivotal factors, blending economic fundamentals with technical dynamics. From a fundamental perspective, upcoming U.S. economic data releases, including consumer confidence...
On Monday, the cable held steady just below the 1.2550 mark, reflecting a lack of clear direction for the price against the Dollar. With limited economic data from both the UK and the US, traders remained cautious, awaiting catalysts to break the...
On Monday, the spot price touched a fresh low against the Dollar, although concerns about potential government intervention curbed aggressive selling. A modest downtick in the USD also failed to fuel substantial momentum, keeping the pair just above...
