The British pound (GBP) weakened significantly against the US dollar (USD) on Thursday, pushing the GBP/USD pair to a 14-month low. This decline occurred amidst a backdrop of heightened risk aversion in financial markets, driven by several factors....
The forex market responded swiftly to the nomination of Scott Bessent as the US Treasury Secretary, with a temporary rise in US Treasury bond yields. However, this initial market reaction quickly faded, giving way to broader influences. Geopolitical...
Eurostat's latest data reveals that the Eurozone economy grew by 0.9% year-on-year in the third quarter, exceeding expectations. Germany, the region's largest economy, played a pivotal role in this growth by avoiding a technical recession....
The euro continued its downward spiral against the dollar on Thursday, extending its losing streak to six days, albeit with a modest decline. Trading hovered near a 26-month low at 1.0300, reflecting a confluence of factors. Disappointing European...
THE CURRENCY PAIR USD-CHF 0.9117 is an obstacle to growth today for now, and yesterday was not very successful with this either, but I expect a breakout at 0.9178. Tomorrow is Nonfarm Payrolls, and the market should be more lively. There is also an...
