The upcoming week (February 24 to March 1, 2025) features several significant economic events that could influence the forex markets. Monday, February 24: German Ifo Business Climate Index (February): Scheduled for release at 09:00 AM GMT, this...
I observe that the US dollar struggled to hold its ground against the yen, which has once again influenced the direction of all yen pairs, including USD/JPY. I note that the pair finished trading close to its previous low, which was a level many...
US West Texas Intermediate (WTI) crude oil prices displayed a period of consolidation during Friday's Asian trading session, maintaining a narrow trading range and consolidating gains accumulated over the preceding four days. The commodity is...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello, Fellow traders, it is my pleasure to greet you and wish you the best of luck in your future endeavors. XAU/USD is trading at 2935.34 at the time of writing. It's possible that XAU/USD will now...
The British pound (GBP) experienced a reversal against the US dollar (USD) on Friday, relinquishing its earlier gains and turning negative after reaching a two-month high near 1.2680 during the North American trading session. This shift in momentum...