The GBP/USD currency pair is currently consolidating within a narrow trading range around the 1.2200 level, exhibiting a lack of decisive direction. This indecision comes amidst the release of crucial inflation data from both the US and the UK,...
Gold prices experienced a modest uptick on Tuesday, recovering from a slight dip earlier in the week. This surge followed the release of the US Producer Price Index (PPI) data, which revealed a slower-than-expected increase in producer prices. This...
The GBPCHF exchange rate started the week with a continued downward trend that had already begun the previous Friday. The price dropped below the 1.1100 psychological level and reached a low of 1.1090. However, the price attempted to move upwards,...
GBP/USD retains its weak tone, trading sub-1.2200. The Pound Sterling lost ground amid another run in UK Gilt yields, reflecting the bond market instability. The US Dollar remains unattractive after December PPI figures.From a technical perspective,...
GOLD But if you look closely at the correlation chart, you can clearly see that the dollar index #USDX and the gold price XAUUSD were synchronous and in phase until January 13, but this week before inflation everything changed, the index is down...
