Technical Analysis: EUR/USD EUR/USD clings to gains near 1.0850 on upbeat Eurozone GDP growth and hot German inflation. ECB Lagarde sees more interest-rate cuts and said she is hopeful about inflation returning to the bank’s target of 2%. The US...
AUD/USD Market Analysis: Navigating Price Dynamics Amid US Dollar Strength In today's analysis, we delve into the price performance dynamics of the AUD/USD currency pair, highlighting the anticipated strengthening of the US dollar. The prevailing...
Good morning, dear forum fellows and visitors from all over the world. I hope you are fine and enjoying your trading activities. Today is the 4th day of this trading week, and yet we haven't seen any massive movement from the market. But today we...
The GBP/USD currency pair extended its downward trend on Thursday, trading around the 1.2950 level. This decline is primarily attributed to the strengthening US dollar, which gained momentum following the release of mixed US economic data. While the...
Gold prices, after reaching a new all-time high on Wednesday, have started to retreat. The positive economic data released in the US, including a stronger-than-expected ADP employment report and solid GDP growth, has strengthened the dollar and...
