The British Pound Sterling (GBP) experienced a sharp decline against major currencies following the release of disappointing economic data. The Office for National Statistics (ONS) reported an unexpected contraction in UK GDP for October, contrary...
The Euro experienced a modest recovery on Friday, gaining 0.2% to 1.0495 after dipping to new lows earlier in the week. While it briefly approached the 20-day Simple Moving Average (SMA) near 1.0550, it failed to breach this level, suggesting that...
Crude oil prices surged back above $70 per barrel during US trading on Friday, though the initial momentum from earlier in the week had waned. While the OPEC+ report provided some tailwind, traders remained cautious, particularly given the...
