Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments. The XAU/USD...
EUR-USD PAIR FORECAST This week starting from Monday the market is being corrected upwards, but has not been able to touch the 100 period simple moving average line, however, for the monthly trend, the price still appears to be running in the...
The euro has been on a tear against the Japanese yen, climbing for six days straight. It's not quite at its peak for the year, set back in April, but it's getting close. Right now, the exchange rate is hovering around 171.29 yen to the euro, which...
In recent market movements, the EUR/USD currency pair has been under close scrutiny, particularly due to its notable fluctuations and the breach of significant support levels. Last week, traders and analysts observed a consistent downward trend in...
EUR/USD Analysis: Bearish Steady Continues Attempts to pull the EUR/USD pair back to its peak earlier in the trading week were unsuccessful as the pair quickly returned to a strong downtrend and gains failed to exceed the 1.0746 level. Stabilized at...