The currency pair is showing notable strength, trading around 0.8820 during the early European session on Wednesday. This uptick is largely driven by the resilience of the USD, supported by solid economic data and an uptick in US Treasury yields. As...
As geopolitical tensions in the Middle East raise concerns about a broader conflict, safe-haven flows are shifting towards the pair, pulling the pair away from its recent highs. This comes as market sentiment grows wary of potential global...
The strong sell off in the Greenback encouraged EUR/USD to set aside the previous day’s pullback and refocus on a potential visit to the key barrier at 1.0600 the figure ahead of key data releases in the euro area later in the week Further losses...
Traders are closely monitoring key economic data releases from both the Eurozone and the U.S., as these will be pivotal in determining the near-term direction of the EUR/USD pair. PMI figures set for release later this week will provide crucial...
Gold struggles with reversal and bearish indicators Gold experienced a one-day bullish reversal on Wednesday, forming a hammer candlestick pattern. However, the bullish momentum was short-lived as sellers reconfirmed control near the 20-day moving...
