Crude oil prices surged back above $70 per barrel during US trading on Friday, though the initial momentum from earlier in the week had waned. While the OPEC+ report provided some tailwind, traders remained cautious, particularly given the...
The Euro experienced a modest recovery on Friday, gaining 0.2% to 1.0495 after dipping to new lows earlier in the week. While it briefly approached the 20-day Simple Moving Average (SMA) near 1.0550, it failed to breach this level, suggesting that...
The British Pound Sterling (GBP) experienced a sharp decline against major currencies following the release of disappointing economic data. The Office for National Statistics (ONS) reported an unexpected contraction in UK GDP for October, contrary...
