The EUR/USD currency pair experienced a sharp decline at the beginning of the week, falling below the psychologically significant 1.0500 level. However, a modest recovery followed, with the pair reaching 1.0530 on Wednesday as buyers stepped in....
Recent movements in the GBP/USD pair have been marked by significant volatility, driven by a combination of economic data from both the U.S. and the UK, central bank policy shifts, and broader market sentiment. In the U.S., the Federal Reserve's...
I initially anticipated a downward scenario for the DXY (US Dollar Index), with the upward movement being viewed solely as a correction. The liquidity zone, marked by the price gap (imbalance) between the levels of 106.627 and 106.491, had been...
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Gold prices experienced a modest increase during the North American trading session on Wednesday, driven by mixed US economic data. However, subsequent comments from Federal Reserve Chairman Jerome Powell led to a slight decline in the non-yielding...