Gold shows resilience as it focuses on key levels of resilience Gold prices rebounded on Friday to hit a high of $2,632, slightly above Thursday's high of $2,626. A strong close, placed in the upper third of the daily price range, suggests momentum...
As the pair closes in on a significant historical trendline, it is now forming a Rising Wedge pattern, a technical formation that typically signals a bearish reversal. This pattern suggests that the pair may be poised for a downward breakout,...
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The Cable recently experienced a notable decline, falling to a four-week low against the US Dollar (USD), with the exchange rate reaching 1.2470. This drop came as market participants reacted to the threat of new tariffs from former President Trump,...
RBA’s Assistant Governor Sarah Hunter recently indicated that these rates are contributing to what is expected to be a mild economic downturn. While the labor market remains tight, showing levels of employment growth, Hunter emphasized that this...
