Gold Price Activity Review Gold prices continued their rally for five consecutive days, triggered by President Trump's tariff war against China, Canada and Mexico. Although tariffs against the last two countries were temporarily suspended, this...
EUR=JPY Market Outlook Good Morning to everyone! The European news events couldn't help the buyers of EUR/JPY yet. However, the market will remain in favor of buyers anymore and they will cross the 161.66 zone this week. Because the JJapaneseYen is...
Technical Analysisound Sterling rises to near 50-day EMA The Pound Sterling declines against its major peers as traders price in a 25 bps interest rate cut by the BoE on Thursday. Investors should brace for high volatility amid uncertainty over...
NZD/USD Market Outlook Good Morning! Today, the ADP Non-Farm Employment rate can help the market sentiment of NZD/USD traders to cover their losses. Also, the market can drop sharply and cross the 0.5500 zone later. Also, the US Unemployment Rate...
General Points about USDJPY The USD/JPY market has reached the 153.15 level and could potentially move higher, signaling a possible continuation of the upward trend. After a period of volatility caused by recent USD-related news events, I believe...