The GBP/JPY currency pair saw a significant drop, marking its second day of losses and stabilizing at around the 190. 40 mark during early trading hours in Europe on Thursday. This decline indicates increasing pressure on the British Pound, mainly...
Geopolitical tensions in the Middle East have the potential to drive demand for safe-haven currencies, such as the Swiss Franc (CHF). Recent escalations, including Israeli airstrikes across the Gaza Strip and missile attacks from the Houthis, have...
Gold prices experienced a notable decline on Friday, extending weekly losses to over 1% and monthly losses to more than 3%. This downward pressure was primarily attributed to a strengthening US Dollar, which surged to a 10-day high of 107.66. The...
As Canada remains the largest oil exporter to the United States, the recent stability of West Texas Intermediate (WTI) crude oil prices, hovering around $69.90 per barrel, helps mitigate further losses for the Loonie. However, traders are closely...
I see that the situation with the Pound has changed abruptly, and the Dollar has begun to strengthen across the entire market. This shift in momentum could significantly impact GBP/USD, potentially replacing all previous expectations of growth with...
