After three days of declines, the price of West Texas Intermediate (WTI) oil is up slightly, trading at around $71.10 per barrel on Thursday during European trading hours. Following price increases for Asian importers by Aramco, the national oil...
EUR/GBP (Euro/British Pound Rate) Good day. EURGBP - Trading idea. Double standards are given by the Ichimoku indicator, therefore there is uncertainty on the EURGBP currency pair, which is better not to get into. In order not to get an extra loss,...
The NZD/USD currency pair snapped a four-day winning streak, trading around 0.5660 during Thursday's European session. The pair's trajectory remains uncertain, as indicated by technical analysis on the daily chart. A rectangle pattern has emerged,...
The spot price remains under pressure as the Euro struggles against major peers, weighed down by political and economic uncertainties. The recent victory of Donald Trump in the U.S. presidential election, coupled with the collapse of Germany’s...
The forex market swiftly adjusted its expectations following recent macroeconomic developments, with traders now pricing in a higher probability that the Federal Reserve will opt for a modest 25-basis-point rate cut at its upcoming policy meeting....
