Market Fundamentals: The risk-sensitive of the pair faces mounting challenges as geopolitical tensions in the Middle East weigh on global risk appetite. Recent comments by U.S. President Joe Biden revealed ongoing discussions with Israel about...
Market Fundamentals: Bearish sentiment toward the pair continues to dominate the market, yet traders seeking to capitalize on this trend should proceed with caution. The 1.2400 psychological level remains a critical threshold, and a sustained break...
Market Fundamentals: The EUR/USD gained strong momentum following the release of upbeat Eurozone Q3 GDP data, showcasing the shared continent's resilience. The Eurozone economy expanded by an impressive 0.4% quarter-over-quarter, surpassing both the...
Geopolitical tensions in the Middle East are intensifying, potentially driving demand for safe-haven currencies like the Swiss Franc (CHF). Overnight Israeli strikes on the Gaza Strip resulted in significant casualties, with reports of at least 50...
Market Fundamentals: The US Dollar (USD) faced renewed weakness as investors recalibrated their positions in response to the nomination of Scott Bessent as Treasury Secretary by U.S. President-elect Donald Trump. Market sentiment shifted, with...