Pound Sterling Shows Recovery Against US Dollar Pound Sterling (GBP) has demonstrated a recovery, rising to 1.2415 against the US Dollar (USD), even as the US Dollar Index (DXY) strengthens by 0.2%. This indicates significant resilience in the GBP...
#CL Many question OPEC because, despite reducing oil production, the cartel failed to achieve its goals; it lost market share and reduced its income, resulting in large budget deficits in many countries. First, it all concerns Saudi Arabia, which...
Gold Analysis Gold prices surpassed the $2,900 mark on Monday, highlighting risk aversion as the primary driver of demand for the metal. The increased demand for safe-haven assets comes after US President Donald Trump announced plans to impose...
The EUR/JPY pair has been trading within a range after the market opening, fluctuating between 155.54 and 157.35. I have drawn horizontal lines at the high and low points of this range. The 50-period Exponential Moving Average (EMA) is positioned...
GBPUSD GBPUSD outlook: The GBP/USD pair remains under pressure due to economic concerns in the UK and the strength of the US Dollar. Recent economic data from both regions, combined with ongoing monetary policy expectations, are influencing market...
