Gold prices experienced a modest uptick on Tuesday, recovering from a slight dip earlier in the week. This surge followed the release of the US Producer Price Index (PPI) data, which revealed a slower-than-expected increase in producer prices. This...
GBP/USD retains its weak tone, trading sub-1.2200. The Pound Sterling lost ground amid another run in UK Gilt yields, reflecting the bond market instability. The US Dollar remains unattractive after December PPI figures.From a technical perspective,...
The euro staged a significant rally against the dollar on Tuesday, surging more than 8% intraday, driven by optimism surrounding potential political developments in France. This surge followed a period of heightened market anxiety, with the EUR/USD...
The EUR/USD currency pair experienced a brief rebound from its recent lows, reaching near the 1.0300 level. However, the recovery proved fragile, with the pair remaining under pressure, highlighting the bearish sentiment that has dominated the...
The GBP/USD currency pair is currently consolidating within a narrow trading range around the 1.2200 level, exhibiting a lack of decisive direction. This indecision comes amidst the release of crucial inflation data from both the US and the UK,...
