The price of gold surged to $2,378 on Thursday, but then retreated slightly after the US Bureau of Labor Statistics (BLS) released positive employment data. This data is typically seen as negative for gold prices, as it suggests a strengthening...
GBP/USD ANALYSIS. We should dive into the ongoing value conduct of the GBP/USD money pair. The pair crossed the bullish buy level at 1.2778 earlier this week, indicating a possible upward trend. Answering this sign, I bought GBPUSD, determining an...
THE MONEY MARKET STOCK EXCHANGE The money market and stock exchange are two vital components of the financial system, often confused with each other. Here are the differences: Money Market: - Short-term focus: Instruments have short maturities,...
EUR/USD ANALYSIS. The monetary business sectors saw a change in feeling on Tuesday, making the euro lose critical ground against the US dollar. Investors returned to the dollar as a safe haven as a result of positive US economic data, which...
GBPUSD If the market closes above the 1.7400 level, it would be a significant indicator that prices are likely to continue their upward trajectory, moving towards the 1.2800 mark. The 1.2800 level is identified as the third level of resistance, and...