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,...
•••GBP/USD: A Tug of War Between the Pound and Dollar(January 3,2025)••• • The forex market is a battleground where the Great British Pound (GBP) faces off against the U.S. Dollar (USD). As of January 3, 2025, GBP/USD is showing signs of struggle,...
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...
•••EUR/USD: Mid-Week Market Moves and Key Levels to Watch(January 3,2025)••• • The EUR/USD pair is making subtle moves as we kick off 2025, trading around 1.0271. It’s a time for traders to stay sharp as global economic shifts and key data releases...
Gold prices experienced a significant surge on Friday, reaching a two-week high near $2,660 per ounce during early Asian trading. This upward movement was primarily driven by safe-haven flows, fueled by escalating geopolitical tensions. Recent...