The price of West Texas Intermediate (WTI) crude oil extended its gains for a second consecutive day, reaching $70.40 per barrel during the Asian session on Friday. This rise was primarily driven by an unexpected decline in US oil inventories. Data...
The single European currency traded near the 1.0850 level in early trading on Friday, retreating from yesterday's lows as the European Central Bank's decision to cut key interest rates by 25 basis points and President Lagarde's speech weighed on the...
USD/ CHF Price Trend Analysis We are presently agitating assaying the USD/ CHF currency brace's current pricing geste . If moment's close surpasses 0.8629, we will probably acquire a signal that the USD/ CHF brace will break out of the current"...
US economic growth continued to impress compared to Europe and Japan Stronger US economic data shows markets are reducing bets on a Fed rate cut Higher interest rates in the US support the strength of the US dollar In next week's quiet calendar,...
It can be seen that this currency pair is experiencing a significant decline phase, after failing to maintain the price above the resistance level of 1.09958. This decline was further accelerated when the price failed to stay above the EMA 50 which...