The euro continued its downward spiral against the dollar on Thursday, extending its losing streak to six days, albeit with a modest decline. Trading hovered near a 26-month low at 1.0300, reflecting a confluence of factors. Disappointing European...
The British pound (GBP) weakened significantly against the US dollar (USD) on Thursday, pushing the GBP/USD pair to a 14-month low. This decline occurred amidst a backdrop of heightened risk aversion in financial markets, driven by several factors....
EUR/USD Update Tenicnical analysis The EUR/USD pair is currently under pressure near the 5/8 level border (1.02539), with no significant changes visible on the chart. Based on the current setup, the following potential movements and targets can...
Gold prices experienced a third consecutive day of gains, appreciating by 0.35%. This upward trajectory was primarily fueled by a surge in safe-haven demand, driven by several key factors. Firstly, concerns surrounding potential US economic...
The forex market responded swiftly to the nomination of Scott Bessent as the US Treasury Secretary, with a temporary rise in US Treasury bond yields. However, this initial market reaction quickly faded, giving way to broader influences. Geopolitical...
