The recent US inflation report has presented a mixed picture for the Federal Reserve, casting a shadow over the outlook for the GBP/USD currency pair. While consumer spending demonstrated robust growth, signaling a healthy economy, inflation...
The spot price weakened against the Dollar on Thursday, falling to 0.6215. This decline was primarily driven by a combination of weak domestic data and a relatively strong Dollar. Circumstances surrounding the economy, particularly persistent...
AUD / USD: An Hourly Time Frame Recommendation Yesterday, the market sentiment of AUDUSD was notably weak, hovering around the 0.6245 level, indicating bulls lacked the strength to drive significant price movement. Consistent holidays that started...
The future direction of the price will be heavily influenced by upcoming economic data. The recent pause in the Dollar's rally underscores the importance of key indicators such as inflation, employment, and GDP growth. Strong data could reignite...
Tesla shares have a dangerous competitor – Nvidia According to Vanda Research, Nvidia shares attracted record investments of almost $30 billion in 2024. This has made them the most popular among private investors. As of the end of December, Nvidia...