The pair is currently struggling to build on its recent recovery, which saw it rebound from around the 1.3130 level—a near multi-month high. Despite attracting some buying interest during the US session last Friday, with spot prices trading...
United States: The search for clues continues Fed watchers are still looking for clues about the size of the well-telegraphed September rate cut. This week's set of economic indicators, which largely beat expectations and reaffirmed a soft landing,...
On Friday, the spot price showed minimal movement, testing the 1.1200 level before closing near its starting point for the day. The pair had attempted a move towards 1.1200 earlier in the week but faltered as momentum faded. Investor enthusiasm has...
Gold falls below $2,500 following US PCE report, boosting likelihood of September Fed rate cut. Fed's cautious policy easing strategy stirs uncertainty; markets favor a 25 bps cut. Traders' bets on a 25 bps rate cut rise to 69%dds for a 50 bps...
Bitcoin is presently trading beneath a descending trendline, established by linking multiple swing highs from early June to mid-August. This bearish trend hints at a cautious market sentiment. Should Bitcoin drop below the daily support level of...