The Bank of England’s (BoE) Monetary Policy Committee (MPC) members, Catherine Mann and Swati Dhingra, are expected to advocate for a rate cut in the upcoming meetings. Both officials have pushed for a more substantial reduction of 50 basis points...
The provided chart displays the price movements of silver (XAG/USD) over a specific period, with key price levels and corresponding dates. The data shows that silver opened and closed at 29.695, with a high of 29.695 and a low of 29.530, indicating...
General Points about GBPAUD: We saw that the GBPAUD market had broken the 2.1434 level by last night, marking a significant movement in the currency pair. Typically, the GBPAUD market tends to favor buyers due to the overall strength of the British...
I believe the EUR/USD pair is currently showing potential for growth from a technical perspective, but I also recognize the uncertainty surrounding the support levels. I think a drop to 1.0800 is possible in the near term, followed by a likely...
Concerns about China’s economic growth are beginning to weigh on silver demand, as the country remains one of the largest consumers of the precious metal. Recent data revealed a surprising contraction in China’s manufacturing activity, with the...
