GBP/USD lost further traction and battles to retain the 1.2500 mark after hitting an intraday high of 1.2575. Stock markets turned south after the release of upbeat American data, providing fresh legs to the US Dollar rally As of writing, GBP/USD...
Crude oil futures, traded on NYMEX, plummeted sharply to around $74.20 in the early Wednesday session. The market is closely monitoring escalating geopolitical tensions in the Middle East, particularly Israel’s potential response to a missile attack...
Crude oil has had a strong start to the New Year, displaying notable bullish momentum. The price initially created an upward gap, signaling a continuation of the prevailing bullish trend without undergoing any significant retracement. While bears...
EUR/USD came under selling pressure early in the American session following the release of United States macroeconomic figures. The December ISM Services PMI unexpectedly surged to 54.1, while November JOLTS Job Openings rose to 8.1 million, also...
GBP/USD has recently shown clear signs of bearish momentum, primarily due to the rejection from two key moving averages on the H4 chart. This development suggests that the U.S. Dollar is gaining strength against the British Pound. As the pair...
