The British Pound (GBP) surged against the US Dollar (USD) on Tuesday, with GBP/USD climbing to a six-month high around 1.3233, registering a 0.36% gain on the day. The rally comes despite underwhelming UK labor data, suggesting the current bullish...
GBP / AUD: Today's Trading Recommendations For a long-term trading decision, I recommend that the GBPAUD investors place their goal around the 2.20934 level. That specific price area may act as a potential milestone where the market completes a...
EUR/USD is under renewed pressure, sliding toward the 1.1280 zone on Tuesday, as the US Dollar regains strength amid a cautious global risk backdrop. The pair is pulling back from recent 2025 highs near 1.1473, unable to sustain momentum despite...
OPEC's latest monthly report reveals a modest downward revision in global oil demand growth, now forecast at 1.3 million barrels per day (bpd) for both 2024 and 2025. The adjustment reflects concerns about potential dampening effects from U.S....
Flood of Economic Data From Europe, EUR/GBP in the Spotlight The EUR/GBP pair has been in the spotlight of global financial experts this week. Its position dropped around 0.7 percent after the release of encouraging UK labor data in the European...
