Trump’s tariff chatter, coupled with a rebound in European stocks and a more upbeat tone in US futures, helped Gold prices stage a solid recovery and partially offset Monday’s steep pullback, climbing above the $2,750 region on Tuesday.From a...
Market Fundamentals: The Bank of Canada (BoC) announced another substantial interest rate cut, reducing its benchmark rate by 50 basis points to provide relief amid mounting economic pressures. With Canada’s unemployment rate climbing to multi-year...
USD/JPY Technical Analysis – H4 Timeframe The USD/JPY pair is trading in a downtrend on the H4 timeframe, with clear signs of bearish momentum. The price has broken below a minor resistance level at 156.00, which has acted as a block order in...
Market Fundamentals: The Cable showed notable strength against its major counterparts on Tuesday, buoyed by anticipation surrounding the United Kingdom’s Autumn Forecast Statement. This announcement marks the first budget presentation by a Labour...
GBP/USD Trend Analysis Today's focus is on the analysis of the price movements of the GBP/USD currency pair. The upward momentum of the British pound has stalled. After a rebound from 1.2522, the GBP/USD pair reversed and began a significant...