The pair has struggled to maintain its upward momentum after a short two-day recovery from the 1.2620 region, which had previously marked a near two-month low. As the new week unfolds, the pair remains susceptible to additional declines, trading...
The yellow metal (XAU/USD) remains in a state of flux as global economic and monetary conditions evolve. Gold's recent price action has been heavily influenced by several factors, including the strength of the U.S. dollar, U.S. Treasury yields, and...
The British pound surged against the US dollar during the North American trading session on Monday, reaching a high of around 1.2670. This significant upward movement was triggered by the release of the UK Purchasing Managers' Index (PMI) data from...
Amid a backdrop of evolving economic dynamics, the USD/CAD currency pair has been under considerable pressure, reflecting the interplay of central bank policies, macroeconomic data, and global risks. As the pair trades around 1.4240 in recent...
THE CURRENCY PAIR GBP-JPY The GBPJPY cross even today seemed to be on a relatively calm Monday and managed to make a breakthrough upwards and reach new highs, which I did not expect today. Of course, Mondays are different and they are exactly...