On Thursday, the currency pair faced another challenging trading session, marking its fourth consecutive day in decline. The pair fell below the 1.3150 mark as mounting expectations of an upcoming Bank of England rate cut weighed heavily on the...
Oil rallies after upbeat US data surprises market : Oil Prices are ticking up this Thursday with headlines coming in out of Iraq while US Gross Domestic Product data came in strong. Iraq's Ministry confirmed that the counrty has exported roughly...
Techniacal Analysis : Technical Analysis is The study of historical price action in order to indentify patterns and determine probabilities of future movements in the market by studying price action and through the use of techncal indicators and...
Fundamental Analysis The GBP/USD pair continued to decline, reaching two days in a row, and broke below the 1.3200 mark as bears lost faith in lower prices after August's 400-pip surge. The docket is still active on the other side of the water, with...
Gold gains after report Shows revival in China : Gold is probably gaining after data from Wolrd Gold Council on Tuseday shows China's net Gold imports rose by 17% in July, the fist month of increases since March. A modest increase in net inflows of...