The British Pound is on a tear against the Japanese Yen, fueled by a broad decline in the Yen's value. This decline comes despite the Bank of Japan's (BoJ) staunch commitment to ultra-loose monetary policy. The BoJ's attempts to talk up the Yen and...
Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments. The XAU/USD...
The XRP/USD price has recently been experiencing significant fluctuations. After reaching a monthly high of $0.5313 at the beginning of the month, the price has been trending downward, currently trading around $0.4733. This shift towards the bearish...
GBP/USD Analysis: Currently, the market shows strong bullish sentiment for the GBP/USD pair. The level of 1.2647 is crucial as it represents the highest point reached in the past year, indicating significant resistance. If we manage to break this...
Gold market analysis: Fed officials' hawkish voice + rising housing prices have depressed gold to a one-week low On Tuesday (June 25), gold prices fell 0.63%, hitting a one-week low of 2315.58 during the session and closing at $2319.36 per ounce....