The Cable gained strength against its major counterparts following the Bank of England's recent monetary policy announcement. As anticipated, the BoE kept interest rates unchanged at 5%, a decision largely influenced by the higher-than-expected core...
Softening US market data suggests that the Federal Reserve (Fed) may take a less aggressive approach to future rate hikes, which could weaken the US Dollar (USD). According to the CME FedWatch Tool, the odds of a 25 basis point (bps) rate cut at the...
Buy Stop and Sell Stop are two types of pending orders in Forex trading that allow traders to enter the market when the price reaches a certain level, but with the expectation that the price will move in the same direction as the trade once it is...
The spot prices remained constrained at $2,720 as the US Dollar (USD) and bond yields saw an uptick during Friday’s North American session. Investors are seeking clearer signals regarding the likelihood of a U.S. recession, while also awaiting more...
Bitcoin (BTC) recently surged above $69,000, driven by positive market sentiment following the release of the Federal Reserve Minutes, which suggested a potential interest rate cut in September. Despite this bullish sentiment, the outlook for...