China’s ongoing economic struggles are exerting considerable downward pressure on gold prices, given its position as the world’s largest buyer of the precious metal. Prolonged signs of an economic slowdown in China could dampen demand, amplifying...
GBP / CHF: An Hourly Time Frame Recommendation Yesterday, the market of GBPCHF hit 1.1265 at night. It indicates that the Great British Pound is losing its value these days. Perhaps, it is an effect of holidays or negative news data. However, the...
The EUR/USD exchange rate experienced a significant decline in early 2025, plunging towards the 1.0250 level, marking its lowest point in nearly 26 months and a level not seen since November 2022. This downward trajectory was fueled by a confluence...
The GBP/USD currency pair experienced a significant decline on Thursday, falling by more than 1% to break below the 1.2400 level for the first time in nearly ten months. While trading volumes remained relatively low following the New Year holiday,...
The EUR/USD currency pair experienced a significant decline on Thursday, plunging by a full percentage point to reach a two-year low. This marked the fourth consecutive month of weakness for the pair, with the exchange rate trading below the 1.0250...