The spot price has gained momentum recently, driven by a significant recovery in oil prices amid escalating tensions in the Middle East. On Wednesday, West Texas Intermediate (WTI) futures on NYMEX surged nearly 4.5% in a single trading session....
The EUR/USD pair experienced a slight decline on Wednesday, closing 0.04% lower following the release of the US inflation report. The core consumer price index (CPI) remained unchanged in August, suggesting a potential pause in the Federal Reserve's...
Gold prices, represented by XAU/USD, have been influenced recently by several important factors. First, U.S. inflation data has raised expectations that the Federal Reserve might cut interest rates by 25 basis points (bps). This potential rate cut...
M-1 Chart Technical Outlook NZD/USD NZDUSD failed to sustain its bearish momentum and started moving higher against the US Dollar after prices touched a low of 0.6135 in the European trading session today. We can see a moving average bullish...
The currency pair has shown modest gains, hovering around 1.3580 during the early Asian trading hours on Thursday. This uptick in the exchange rate comes despite a recent decline in crude oil prices, which has put some pressure on the...