Crude oil futures, traded on NYMEX, plummeted sharply to around $74.20 in the early Wednesday session. The market is closely monitoring escalating geopolitical tensions in the Middle East, particularly Israel’s potential response to a missile attack...
The currency pair continues to trade steadily around the 163.50 mark during Tuesday’s session, supported by a weakening of the pair. This decline in the price is primarily attributed to uncertain market expectations regarding potential rate hikes....
EUR/USD came under selling pressure early in the American session following the release of United States macroeconomic figures. The December ISM Services PMI unexpectedly surged to 54.1, while November JOLTS Job Openings rose to 8.1 million, also...
GBP/USD has recently shown clear signs of bearish momentum, primarily due to the rejection from two key moving averages on the H4 chart. This development suggests that the U.S. Dollar is gaining strength against the British Pound. As the pair...
The spot price has extended its sideways consolidation above the $2,650 mark, as we approach the European session on Tuesday. Investors are increasingly confident that the Federal Reserve will embark on a cycle of easing monetary policy, with an...
