The Euro (EUR) strengthened against the US Dollar (USD) on Friday, pushing towards the psychologically significant 1.0500 level, fueled by encouraging economic data from the Eurozone. The Hamburg Commerzbank (HCOB) reported that the Eurozone...
The Australian Dollar (AUD) weakened against the US Dollar (USD) for the second consecutive day on Tuesday, primarily driven by escalating trade tensions. The imposition of US tariffs on Mexico and Canada, coupled with planned tariffs on various...
The USD/JPY currency pair is currently trading at 153.54, showing a bearish trend. Understanding the factors that contribute to such a movement can help you analyze potential future trends. At this level, the market is moving slowly, but many...
Gold Analysis After a sharp decline from three-month highs, gold prices have recovered and are trading near an all-time high of $2,790. Gold Trading Following recent tariff negotiations between US President Donald Trump and his administration,...
Crude Oil Price Action Summary Our conversation today will center on the detailed price action outlook of Crude Oil. Today I would focus on the southern vector since it was in this direction that the active decline occurred yesterday. If we try to...