Investors will closely watch upcoming U.S. economic releases, particularly the Producer Price Index (PPI), which is expected to show a 1.6% year-over-year (YoY) increase in the headline figure, with the core PPI likely rising by 2.7% YoY. If the...
The GBP/USD pair is currently at a crucial turning point, with technical indicators providing mixed signals. The Stochastic %K (14, 3, 3) is neutral at 66.67, suggesting the market is neither overbought nor oversold. However, the Stochastic RSI Fast...
The global crude oil market is currently shaped by a blend of technical factors and significant geopolitical events, with the latter playing a pivotal role in driving market sentiment. While some recovery has been noted in recent days, the ongoing...
The Spot price has been facing significant headwinds recently, with multiple factors influencing its performance against the US Dollar (USD). As of now, the price is hovering around the 1.2667 region, and traders remain cautious. While the recent...
The price is set for increased volatility as a series of key economic reports and central bank updates loom large on the horizon. Market sentiment could shift dramatically in response to upcoming data, including U.S. inflation figures, the Producer...
