The GBP/AUD pair is currently at a decisive turning point, with its 1.9830 support level playing a crucial role in defining the pair’s next major price movement. If this level holds, the market could witness an 83 to 123 pip rally, pushing prices...
XAGUSD(Silver) XAG/USD(Silver) outlook: Silver prices are influenced by several key drivers, including the strength of the U.S. Dollar, inflation and safe-haven demand, industrial demand, and geopolitical uncertainty. The strength of the U.S....
Ahead of Thursday's announcement of the Bank of England's (BoE) monetary policy decision, the GBP stabilizes versus its main peers, with the exception of safe-haven currencies. With an 8-1 vote split, the BoE is likely set to lower interest rates by...
After three days of declines, the price of West Texas Intermediate (WTI) oil is up slightly, trading at around $71.10 per barrel on Thursday during European trading hours. Following price increases for Asian importers by Aramco, the national oil...
Date: 6th February 2025. Analysts Expect the BoE To Cut GDP Forecasts and Raise Inflation Projections! President Donald Trump approved a 25.0% tariff on Mexican and Canadian goods starting on February 1st, but implementation was delayed after...
