In recent market movements, the EUR/USD currency pair has been under close scrutiny, particularly due to its notable fluctuations and the breach of significant support levels. Last week, traders and analysts observed a consistent downward trend in...
Date: 26th June 2024. Market News – European Stocks Follow US Gains, Inflation Pressures Rise in Australia. Financial Markets Performance: * The USDIndex firmed but off its 105.78 peak. * USDJPY held just below the critical 160 per Dollar level,...
Crude Oil (CL) Wednesday's Asian session saw a reversal of some of the previous day's retracement decline from the $81.65 region, or a nearly two-month high, in West Texas Intermediate (WTI) US crude oil prices. The commodity is presently trading at...
The USD/JPY currency pair is stuck in a narrow trading range during Asian trading hours this Wednesday. This comes after briefly touching a 34-year high earlier in the week. However, the upside potential for the USD/JPY remains limited due to the...
The XRP/USD price has recently been experiencing significant fluctuations. After reaching a monthly high of $0.5313 at the beginning of the month, the price has been trending downward, currently trading around $0.4733. This shift towards the bearish...