Gold prices experienced a brief respite from their recent downward trend, rebounding to near $2,570 on Monday. However, the stronger US dollar poses a significant challenge to gold's upward momentum. As the US dollar strengthens, it exerts downward...
The GBP/USD currency pair plummeted to a four-month low of approximately 1.2630 on Thursday, extending its losing streak to five consecutive sessions. This decline was primarily driven by the strengthening US dollar, which gained momentum on...
Good afternoon buyers again failed to do anything in terms of quotation growth, sellers won back about 60 points by the end of trading, and only the end of the session, apparently, prevented them from breaking through the current minimum at...
Why the US Dollar Will Continue to Strengthen Yesterday, the euro and pound quickly lost ground against the US dollar after Federal Reserve Chair Jerome Powell confirmed traders' concerns by stating that recent data provides the central bank with...
The EUR/USD currency pair experienced a rebound on Friday, following a brief dip to the 1.0500 level the previous day. This recovery partially offset the significant losses incurred throughout the week, which amounted to nearly 1.5%. As market...
