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GBP/USD consolidates in a range at around 1.2550 on Tuesday after closing in negative territory on Monday. The US Dollar preserves its strength and makes it difficult for the pair to gain traction as trading conditions thin out on Christmas Eve The...
EUR/USD trades with mild losses near 1.0400 on Tuesday. The expectation that the US Federal Reserve will deliver fewer rate cuts in 2025 provides some support for the US Dollar. Trading volumes are likely to remain low heading into the Christmas...
Crude Oil Price Action Forecast The analysis of Crude Oil's price behavior is currently under discussion. As Christmas Day approaches, US Oil is trading near $70.23, signalling bullish momentum just below the key resistance of $70.95. This level has...
The spot prices surrendered their intraday gains after briefly climbing to around $2,615 during Tuesday's American session, pressured by unexpected economic data. The U.S. Census Bureau reported that monthly Retail Sales surged by 1%, significantly...