Megan Greene, a member of the Bank of England’s Monetary Policy Committee, recently emphasized the importance of gradually reducing interest rates as a means to balance economic stability with growth. When discussing inflation, Greene noted that key...
The catalyst behind the USD’s strength is stronger-than-expected US producer inflation data, which raises concerns about persistent inflationary pressures in the economy. While this may influence market sentiment, it is unlikely to shift...
Gold prices experienced a decline on Thursday, extending the downward trend from the previous session. The strengthening US Dollar, driven by market optimism following the US presidential election results, has put pressure on gold prices....
Good Morning, Traders! Welcome to Today’s Live Trading Session Today, we’ll dive into an in-depth look at the USD index and Gold, following yesterday’s strong close for the USD index and significant movements in Gold. Yesterday, the USD index surged...
West Texas Intermediate (WTI) crude oil prices experienced a decline on Thursday, trading around $71.45. This downward trend was primarily driven by a strengthening US Dollar, which gained momentum following the Republican Party's potential control...
