The euro experienced minimal movement against the US dollar during Boxing Day trading, a predictable outcome given the reduced market activity following the Christmas holiday. Liquidity remains a challenge, and this subdued environment is likely to...
Navigating Financial Markets in the New Year: Key Trends to Watch As the calendar turns and the new year begins, financial markets embark on a journey shaped by emerging trends and evolving economic dynamics. For investors, this is an opportunity to...
Fiber has hit a roadblock, halting its brief winning streak and trading around 1.0410 during the European session on Thursday. This downside move is largely attributed to the strengthening US Dollar, as market caution grows ahead of upcoming US...
GBP/USD Technical Analysis and Key Concepts The GBP/USD market has seen significant volatility today, falling as low as 1.2499 before resuming its gains. The GBP/USD markets are currently trading at 1.2512, indicating a cautious recovery. However,...
XAU/USD Technical Analysis: Basic Dynamics, Concepts, and Strategies The XAU/USD market is trending higher today. After hitting an intraday high of 2638, the price is currently trading around 2628. Looking at the hourly chart, XAU/USD is trading...