The latest economic outlook from China’s National Bureau of Statistics (NBS) reveals that the country’s economy remains generally stable, with signs of positive changes becoming more apparent. Consumption continues to show resilience, with a steady...
Federal Reserve (Fed) Chairman Jerome Powell has aligned with policymakers who see the need for another rate cut, although no such action was taken. Powell emphasized that the U.S. economy and labor market remain resilient, reinforcing the Fed’s...
The USD/CHF pair rebounded from its recent losses, gaining over 0.36% and trading at 0.9048 at the time of writing. This recovery comes after the pair found solid support near the 50-day Simple Moving Average (SMA) at 0.8998, forming a “tweezers...
The GBP/USD currency pair experienced a volatile trading session on Thursday, breaking through key technical resistance levels at major moving averages before ultimately falling below the 1.2400 support level. The Bank of England's (BoE) decision to...
Gold prices have recently surged, reaching an all-time high of $2,882. However, this impressive rally has encountered some resistance, with sellers attempting to push prices lower. The lower boundary of the Breakout Bullish Channel, currently around...
