Bundesbank downgrades its forecasts of Germany’s GDP for 2024 and 2025 Forecasts by Bundesbank analysts for Germany’s economic growth keep investors on edge. Market participants wonder whether the eurozone's powerhouse has broken down. The central...
GBP/USD Technical Analysis: 1-Hour Chart The GBP/USD pair is currently in a downtrend on the 1-hour chart and is showing steady downward momentum. Over the last three days, the price has remained below the 200-day Simple Moving Average (SMA), which...
The Currency pair has shown signs of strength against its major peers towards the end of this week. After enduring a tough period marked by speculation that the Bank of England (BoE) might aggressively cut interest rates, the British currency may...
••••Gold (XAU/USD) Shines Bright Amid Today’s Market Drivers(December 20,2024)•••• •••A Glittering Start to the Day • Gold is stealing the spotlight today, with live prices hovering around $2,614.39 for buying and $2,613.73 for selling. The precious...
USD/JPY Today, USD/JPY is trading in a tight range around 148.50. From what I see on the daily chart, resistance sits near the 149.00 mark, aligning with the 50-day moving average. On the downside, support seems firm at 148.00, right around the...
