The pair fell below 1.0700 on Thursday, erasing recent gains as confidence in the Euro (EUR) weakened due to political instability within the European Union (EU). This decline coincides with disappointing US Producer Price Index (PPI) figures, which...
Foreign exchange (forex or FX) trading has gained significant popularity among individual investors and large financial institutions alike. This decentralized global market for trading currencies offers a plethora of benefits that make it an...
Based on the H4 chart, it is possible for the XAU/USD pair to resume its upward trend. Last week, the pair was trading around the level of 2330, influenced by news events. Currently, the pair is trading within the range of 2338-2336. A significant...
As the pair hovers around 1.0690 in early Asian trading on Friday, the market remains subdued amidst anticipation surrounding European parliamentary elections. This uncertainty has investors closely watching upcoming events such as ECB President...
Market Overview: EUR/$ pair is trading at the 1.0715 level. Current market sentiment reflects cautious optimism with a development influenced by a mix of economic indicators and geopolitics. The market is still in a state of volatility, with periods...