The Dollar recovery has struggled to gain momentum as markets increasingly price in the imminent start of the Federal Reserve’s rate-cutting cycle. This shift in expectations has helped limit losses for gold, keeping the yellow metal buoyed despite...
The GBP/JPY currency pair is currently positioned at a key support level of 192.46, making this a crucial moment for traders looking to anticipate the next major price movement. A rebound remains the primary scenario, with potential gains ranging...
Gold price trimmed intraday losses and recovered above the $2,750 mark after the Fed decided to keep the benchmark interest rate unchanged. Confident Chair Powell's words put near-term pressure on the US Dollar. From a technical point of view, the...
The spot price is seeing modest support as the Dollar remains under pressure for the third consecutive session, with traders exercising caution ahead of the Federal Reserve's policy decision. The price hovers around 107.90, reflecting subdued demand...
GBP/JPY is currently positioned at a crucial technical level, with 192.46 acting as a major support zone. The market is watching closely to see if this level holds, as a sustained rebound could push the pair higher by 111 to 161 pips. The technical...