GOLD MARKET ANALYSIS Spot gold climbed 1.3% to $2,332.55 an ounce on Friday (June 14). Signs of slowing inflation in the United States have raised hopes for a rate cut later this year, and a sharp drop in European stocks last Friday also supported...
The GBP/USD pair also showed a fairly strong drop on Friday, for which there were no local reasons. Let's explain what we mean. Local causes are events and news during the day. There were practically none on Friday. In the United States, the...
EUR/USD Pair: The EUR/USD currency pair has shown interesting behavior in recent days. Yesterday, the pair almost managed to close the existing gap but failed. Today, there is anticipation that it will make another attempt to close this gap. If...
Good morning, happy colleagues. Price movements in the previous session had a significant impact, although not perfectly as expected. However, this event provides a useful picture for directing today's trading strategy. The focus remains centered on...
GBP/USD Technical Analysis Investor confidence that price pressures will settle close to the target rate will rise in response to the anticipated drop in UK inflation. This will increase anticipations of an early Bank of England (BoE) rate decrease....