The EUR/GBP pair continues its upward trajectory for the second consecutive day, trading near 0.8350 during Tuesday’s European session. This movement is primarily driven by the Pound Sterling's (GBP) weakness following dovish comments from Bank of...
Australia's Westpac Consumer Confidence declined by 2% to 92.8 points, reversing two months of positive momentum and raising concerns about the domestic economic outlook. Meanwhile, in the US, the Census Bureau reported that Retail Sales rose 0.7%...
GBP/AUD Market Outlook Greetings and Good Morning guys! We have many buying opportunities in the GBP/AUD market today. Market movements indicate strong bullish potential, but it is essential to keep an eye on incoming news events related to GBP or...
Monthly and annual headline inflation in Canada are estimated to have risen by 0.3% and 2.7%, respectively, indicating an acceleration compared to previous readings. Core CPI, which excludes volatile food and energy prices, is projected to have...
The price of gold (XAU/USD) has extended its upward momentum, surpassing the critical $2,900 per troy ounce level, driven by a weakening US Dollar (USD). Despite the bullish trend, overbought conditions suggest a potential corrective decline in the...
