THE CURRENCY PAIR GBP-USD The price went to good lows—1.2475—building a double bottom with the maximum from November 22 of this year. A good reason to go for solid growth. And actually, we are trying to go north. In principle, at the moment,...
U.S. inventory reports play a pivotal role in shaping the direction of oil prices, alongside geopolitical developments. Weekly reports on U.S. crude oil inventories provide critical insights into domestic supply and demand dynamics. A significant...
The EUR/USD currency pair exhibited sideways trading during the North American session on Tuesday, mirroring the subdued movement of the US Dollar Index (DXY). The DXY, which gauges the greenback's strength against a basket of major currencies,...
The pair is approaching a critical juncture, with technical indicators suggesting a potential downside shift. A key support level around 0.8900 is in focus, and traders are closely monitoring whether the pair can hold above this threshold. The...
Strong Retail Sales data have recently provided a boost to market sentiment, signaling continued strength in consumer demand. This uptick in retail activity is important because it could fuel inflationary pressures, which, in turn, may influence the...
