USD/JPY is trading strongly today, with mixed action following the release of key economic data, including the ISM Services PMI report and the US JOLTS employment report. Both reports significantly impacted market sentiment and influenced the...
GBP/USD Technical Analysis and Forecast – January 7, 2025 Market Sentiment and Outlook: The bullish momentum in the GBP/USD currency pair is likely to indicate positive sentiment driven by recent economic developments and technical buying. We are...
Gold prices remained largely unchanged at the beginning of the week, despite a weakening US dollar. This unexpected lack of movement can be attributed to several factors, primarily the rise in US Treasury yields, which negatively impacted the appeal...
•••EUR/USD Market Moves: January 7, 2025 – The Dollar Holds Strong, The Euro Faces Challenges••• • Right now, EUR/USD is hovering around 1.0402, showing a slight uptick from recent lows. The market feels a bit muted at the moment, but beneath the...
The GBP/USD currency pair continued its upward trajectory for the third consecutive day, trading near the 1.2530 level during the Asian session on Tuesday. This upward momentum was primarily fueled by a weakening US dollar. The US Dollar Index...
