•••GBP/USD Market Overview: November 7, 2024••• The GBP/USD pair is experiencing considerable pressure as both UK and U.S. economies present distinct challenges. The UK government’s recent budget includes increased corporate taxes, property stamp...
The currency pair has been on an impressive uptrend since the start of November, posting higher highs and extending its rally. The pair recently surpassed its previous monthly high of 0.6940, which was reached last month, signaling continued bullish...
On Thursday, the price of gold (XAU/USD) continues to decline for the second straight session. A higher US dollar (USD) in the wake of US President Donald Trump's election triumph puts downward pressure on the dollar-denominated precious metal. Gold...
The currency pair has extended its decline for the second straight day, trading around 0.8630 during Asian trading hours on Wednesday. The downward movement follows the decline in the US Dollar (USD), which has weakened on the back of the latest...
The EUR/USD exchange rate saw a substantial drop in the middle of the week, dropping below the 1.0750 level for the first time since early July. This decline was primarily driven by expectations of further interest rate reductions by the Federal...
