The US Dollar Index (DXY), which measures the Greenback’s strength against six major currencies, saw a notable surge after President Donald Trump warned of imposing 25% import tariffs on all products from Canada and Mexico. Trump also announced a...
The PPI for final demand rose by just 0.2% month-over-month, falling short of the 0.3% market expectation and weaker than the prior 0.4% increase. On a year-over-year basis, the PPI climbed 3.3%, slightly missing the forecasted 3.4% but still the...
GBP/ USD: Forex Dynamics through Price Action Let's discuss the GBP/ USD currency pair's current pricing behavior, and our analysis's focus. We stumbled again at the same place and went down. Perhaps this is an acceleration into a fall, but...
West Texas Intermediate (WTI) crude oil futures, the benchmark for U.S. crude, began Tuesday's European trading session around the $67.70 mark, slightly lower and reaching a 12-week low. This decline was primarily attributed to reports indicating...
The EURGBP currency pair is currently exhibiting a sideways movement, characterized by a relatively narrow trading range between 0.82400 and 0.82700. This indicates a period of consolidation, where neither buyers nor sellers have been able to gain...